Deletions
Français
Additions
- +Proposal:
- +The GPC will create a government-owned savings bank operated by Canada Post that will offer fee-less
- +services to account holders at all post office branches. Bank proceeds will empower communities
- +through the financing of democratically controlled, community environmental and social projects not
- +commonly funded by commercial banks.
- +
- +Objective:
- +To create a publicly-owned, postal savings bank to:
- +
- +* extend affordable financial services to Canadians through post offices, in particular those in
- +small and remote communities not currently served by the commercial banks;
- +* provide local governments financing for important projects of social, environmental and economic
- +significance that are not commonly financed by commercial banks; and
- +* connect Canadians with their federal government in a social contract that prioritizes the public
- +interest of communities.
- +
- +Benefit:
- +Deregulated private banking financially excludes many while burdening the government and most
- +Canadians in debt. It also fails to finance important social, economic and ecological priorities. A
- +postal savings bank will support public utility banking. This is the form of banking we need to
- +address our economic, social and environmental emergencies.
- +
- +Supporting Comments from Submitter:
- +Postal savings banks are common in other countries, including Austria, France, Germany, Italy, New
- +Zealand and Korea. Japan's postal savings bank has at times in recent years been the largest savings
- +bank in the world.
- +
- +'Why we need postal banking: Canada Post has the infrastructure, experience and legal right to make
- +finance cheaper for everyone', John Anderson, Canadian Centre for Policy Alternatives:
- +
- +https://www.policyalternatives.ca/publications/monitor/why-we-need-posta…
- +( https://www.policyalternatives.ca/publications/monitor/why-we-need-postal-banking )
- +
- +The Sport and Prey of Capitalists: How the Rich Are Stealing Canada's Public Wealth, Chapter Six
- +Linda McQuaig:
- +
- +https://www.dundurn.com/books_/t22117/a9781459743663-the-sport-and-prey-of-capitalists
- +
- +'It's Time for a Postal Bank for Everyone - How a bank in the Post Office could help you', Canadian
- +Union of Postal Workers (CUPW):
- +
- +https://www.cupw.ca/en/campaign/resources/its-time-postal-bank-everyone-...
- +( https://www.cupw.ca/en/campaign/resources/its-time-postal-bank-everyone-how-bank-post-office-could-help-you )
- +
- +
- +Jim Holland, Katherine Steinhoff and Geoff Bickerton. 2014. The Banks have failed us: Postal Banking
- +to the Rescue 22nd Rutgers University Conference on Postal and Delivery Economycs, June 4-7,
- +Frascati, Italy.
- +
- +"An examination of the ways in which the United States Postal Service and Canada Post could solve
- +critical national problems associated with banking."
- +
- +https://acorncanada.org/sites/default/files/Holland%20Steinhoff%20Bickerton%20Rutgers%202014.pdf
- +
- +ACORN Canada, “Conflict of Interest: How Canada's Largest Banks Support Predatory Lending, March
- +2007, “Despite the demand for basic financial services, access to banks has become more difficult
- +over time for many consumers. Many banks have chosen to close their less profitable or lower-traffic
- +locations":
- +
- +https://acorncanada.org/resource/conflict-interest-how-canadas-largest-banks-support-predatory-lending
- +
- +ACORN Canada, “Protecting Canadians' Interest: Reining in the Payday Lending Industry,”November
- +2004." "The payday lending industry is unique in Canada. In most of the country, this billion-dollar
- +business is completely unregulated. And it makes money by openly breaking the law against criminal
- +interest rates."
- +
- +http://www.scribd.com/doc/35804060/Payday-Lending-Report
- +
- +Anderson, John. Why Canada Needs Postal Banking. Ottawa: Canadian Centre for Policy Alternatives,
- +2013. "The study examines the wide range of models of postal banking in many countries, and looks at
- +the reasons why postal banking should exist in Canada, how it could work, and some of the possible
- +options."
- +
- +https://www.policyalternatives.ca/publications/reports/why-canada-needs-postal-banking
- +
- +Canadian Union of Postal Workers, Banking on a Future for Canada Post: Campaign Support for Postal
- +Banking. "Municipalities and groups that have passed resolutions or sent letters in support of
- +expanding services like postal banking."
- +
- +https://www.publicpostoffice.ca/en/campaign/resources/municipalities-and-groups-have-passed-resolutions-or-sent-letters-support
- +
- +Canadian Union of Postal Workers, Banking on a Future for Posts. A financial assessment of postal
- +banking and financial services at various postal administrations. "Six case studies – The paper
- +looks at banking and financial services provided by postal administrations in Brazil, France, India,
- +Italy Switzerland and the United Kingdom."
- +
- +https://www.publicpostoffice.ca/sites/default/files/Banking-CUPW-Rutgers2013_en.pdf
- +
- +Green Value(s):
- +
- +Ecological Wisdom, Sustainability, Participatory Democracy, Social Justice
- +
- +Relation to Existing Policy:
- +
- +Add to current GPC policy G10-p24 Bank of Canada.
Français
- +Proposition :
- +Le PVC créera une banque d'épargne gouvernementale exploitée par Postes Canada qui offrira des
- +services sans frais aux titulaires de comptes dans toutes les succursales postales. Les recettes de
- +la banque permettront aux communautés de s'autonomiser en finançant des projets environnementaux et
- +sociaux communautaires contrôlés démocratiquement et qui ne sont généralement pas financés par les
- +banques commerciales.
- +
- +Objectif :
- +Créer une banque d'épargne postale de propriété publique pour :
- +
- +* Offrir des services financiers abordables à la population par l'intermédiaire des bureaux de
- +poste, en particulier ceux des petites communautés éloignées qui ne sont pas actuellement desservies
- +par les banques commerciales ;
- +* Fournir aux gouvernements locaux un financement pour d'importants projets d'ordre social,
- +environnemental et économique qui ne sont pas couramment financés par les banques commerciales ; et
- +* Relier la population à son gouvernement fédéral dans le cadre d'un contrat social qui donne la
- +priorité à l'intérêt public des collectivités.
- +
- +Avantage :
- +Les banques privées déréglementées excluent financièrement de nombreuses personnes tout en endettant
- +le gouvernement et la majorité de la population. Elle ne finance pas non plus les priorités
- +sociales, économiques et écologiques importantes. Une caisse d'épargne postale soutiendra les
- +services bancaires d'utilité publique. C'est la forme de banque dont nous avons besoin pour répondre
- +à nos urgences économiques, sociales et environnementales.
- +
- +Commentaires d’appui de l’auteur.e(s) :
- +Les caisses d'épargne postales sont courantes dans certains pays, notamment en Autriche, en France,
- +en Allemagne, en Italie, en Nouvelle-Zélande et en Corée. Ces dernières années, la banque d'épargne
- +postale du Japon a parfois été la plus grande banque d'épargne du monde.
- +
- +Sources :
- +'Why we need postal banking: Canada Post has the infrastructure, experience and legal right to make
- +finance cheaper for everyone', John Anderson, Canadian Centre for Policy Alternatives:
- +
- +https://www.policyalternatives.ca/publications/monitor/why-we-need-posta…
- +( https://www.policyalternatives.ca/publications/monitor/why-we-need-postal-banking )
- +
- +The Sport and Prey of Capitalists: How the Rich Are Stealing Canada's Public Wealth, Chapter Six
- +Linda McQuaig:
- +
- +https://www.dundurn.com/books_/t22117/a9781459743663-the-sport-and-prey-of-capitalists
- +
- +'It's Time for a Postal Bank for Everyone - How a bank in the Post Office could help you', Canadian
- +Union of Postal Workers (CUPW):
- +
- +https://www.cupw.ca/en/campaign/resources/its-time-postal-bank-everyone-...
- +( https://www.cupw.ca/en/campaign/resources/its-time-postal-bank-everyone-how-bank-post-office-could-help-you )
- +
- +
- +Jim Holland, Katherine Steinhoff and Geoff Bickerton. 2014. The Banks have failed us: Postal Banking
- +to the Rescue 22nd Rutgers University Conference on Postal and Delivery Economycs, June 4-7,
- +Frascati, Italy.
- +
- +"An examination of the ways in which the United States Postal Service and Canada Post could solve
- +critical national problems associated with banking."
- +
- +https://acorncanada.org/sites/default/files/Holland%20Steinhoff%20Bickerton%20Rutgers%202014.pdf
- +
- +ACORN Canada, “Conflict of Interest: How Canada's Largest Banks Support Predatory Lending, March
- +2007, “Despite the demand for basic financial services, access to banks has become more difficult
- +over time for many consumers. Many banks have chosen to close their less profitable or lower-traffic
- +locations":
- +
- +https://acorncanada.org/resource/conflict-interest-how-canadas-largest-banks-support-predatory-lending
- +
- +ACORN Canada, “Protecting Canadians' Interest: Reining in the Payday Lending Industry,”November
- +2004." "The payday lending industry is unique in Canada. In most of the country, this billion-dollar
- +business is completely unregulated. And it makes money by openly breaking the law against criminal
- +interest rates."
- +
- +http://www.scribd.com/doc/35804060/Payday-Lending-Report
- +
- +Anderson, John. Why Canada Needs Postal Banking. Ottawa: Canadian Centre for Policy Alternatives,
- +2013. "The study examines the wide range of models of postal banking in many countries, and looks at
- +the reasons why postal banking should exist in Canada, how it could work, and some of the possible
- +options."
- +
- +https://www.policyalternatives.ca/publications/reports/why-canada-needs-postal-banking
- +
- +Canadian Union of Postal Workers, Banking on a Future for Canada Post: Campaign Support for Postal
- +Banking. "Municipalities and groups that have passed resolutions or sent letters in support of
- +expanding services like postal banking."
- +
- +https://www.publicpostoffice.ca/en/campaign/resources/municipalities-and-groups-have-passed-resolutions-or-sent-letters-support
- +
- +Canadian Union of Postal Workers, Banking on a Future for Posts. A financial assessment of postal
- +banking and financial services at various postal administrations. "Six case studies – The paper
- +looks at banking and financial services provided by postal administrations in Brazil, France, India,
- +Italy Switzerland and the United Kingdom."
- +
- +https://www.publicpostoffice.ca/sites/default/files/Banking-CUPW-Rutgers2013_en.pdf
- +
- +Valeurs des Verts :
- +
- +Sagesse écologique, Développement durable, Justice sociale, Démocratie participative.
- +
- +Lien avec la politique actuelle :
- +
- +Ajouter à la politique actuelle du PVC - G10-p24 Banque du Canada.
