OTTAWA, Oct. 16, 2013 /CNW/ - An inflatable piggy bank stood 12 feet
tall behind Denis Lemelin, National President of the Canadian Union of
Postal Workers (CUPW), as he urged Canada Post Corporation to include
postal banking services in its future.
October 16th is Canada Post's 32nd anniversary as a Crown corporation.
"We thought Canada Post's anniversary would be a good time to talk about
what our public post office needs to do to survive and prosper in the
future," said Lemelin. "We postal workers understand Canada Post's
challenges, and have been advocating service expansion for many years.
Our union has recently worked with the corporation on the same-day
merchandise delivery trial project in Toronto. We are hoping the
corporation will now work with us to add lucrative postal banking
Last week the Canadian Centre for Policy Alternatives released a new
feasibility study that gives postal banking a green light for Canada.
The CCPA urges action: "The federal government and Canada Post should
immediately proceed to a new stage of setting up a task force to decide
how to deliver new financial services and what new products to deliver
first," concludes the report. The study examined postal banking in
other parts of the world, and looked at the plight of the unbanked or
under-served population. It found that Canada Post is positioned well
to address some of the unmet need for financial services.
Lemelin said that, in today's economic environment, countries like
Switzerland and France have added financial and banking services to
their national postal services, which have generated revenues to help
balance their budgets and save the public service in these locations.
"Cutting is not the answer," says Lemelin. "We're counting on Canada
Post to find its future, and we think just maybe this big inflatable
snout can help point the way. Postal workers want the same thing that a
majority of the public wants - a self-sustaining public postal service
that will be there for the long haul."
SOURCE: Canadian Union of Postal Workers
For further information:
Kevin Matthews, 613-327-1177 or email@example.com