We will make it more affordable for Canadian workers to send money overseas.
We will work with provincial and territorial governments to better regulate the remittance industry, so that residents of Canada who send money overseas to help family members are not gouged by high fees.
This will include working with Canada’s banks to ensure low-cost access to transfer services, exploring ways for Canada Post to offer remittance services, and imposing tough new penalties on those who abuse the system and take advantage of vulnerable newcomers to Canada.
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