Canada needs a postal bank. Thousands of rural towns and villages in our country do not have a bank, but many of them have a post office that could provide financial services. As well, nearly two million Canadians desperately need an alternative to payday lenders. Wouldn’t it be great if there were a better option than the big banks?

A postal bank could be that alternative.

Postal banks already exist in many parts of the world.  They are used to:

  • increase financial inclusion
  • fund economic development
  • and generate revenue to preserve public postal service and jobs

Our post office used to have a national saving bank up until 1968 – and there is no reason we shouldn’t have one today.

Recently, Irene Mathyssen, NDP MP for London-Fanshawe, has put forward a motion (M-166) to conduct hearings and propose a plan for postal banking. Please send your MP a letter in support of postal banking and to vote in favour of this motion.

A bank for everyone – Support postal banking!

Download and print the letter

You can find your MP here: