The growing need for postal banking and why we don't have it

Did you know that among the ten provinces Newfoundland and Labrador has the highest percentage  of rural communities without banking services?   It's a  situation that is getting worse as the big banks shut down more and more rural branches.

That very inconvenient problem could be solved by giving Canada Post banking status.  It's not a new idea.  There has been a cross country push for postal banking for almost two decades - a push that is, not surprisingly opposed by the banking sector.  

We've made a short eight minute YouTube video exploring the reasons why rural Canadians both need and deserve postal banking.  It asks why the federal government consistently refuses to address the problem. 

We bet you can guess the answer.
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You can check  out the video here.