Recently, Canada Post has spoken out about the importance and potential benefits of expanding its financial services to the public and small businesses.CUPW welcomes this new direction because we know that service expansion is needed to maintain good jobs, and to promote increased financial inclusion and better access to services.
THE NEED FOR EXPANDED FINANCIAL SERVICES
To provide access to financial services to all Canadians.
To help fill the gap in Indigenous and rural communities where there are no banks or credit unions.
To provide an alternative to Canadians that are unbanked or rely on predatory payday lenders.
PROGRESS REPORT ON MEETINGS WITH CPC
CUPW has been meeting weekly with CPC as part of a financial services working committee established under Appendix “T” of the Urban Operations Collective Agreement. CPC has provided CUPW with market research studies and the parties have jointly reviewed the Corporation’s tentative plans.