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Momentum Building for Remittance Justice - ACORN Canada

Momentum Building for Remittance Justice

Posted May 28, 2012

4780348702 c2ef1e62af bThis Thursday, May 31st, ACORN members will join ally Jagmeet Singh, MPP, at Queen’s Park to announce the introduction of a private member’s bill that could bring badly needed regulation to Money Transfer Organizations in Ontario. 

Sign the petition to support remittance justice here

People across the province are signing on, calling their MPPs to ask for their support for this important bill, and working with ACORN members in their cities to raise the profile of the issue. The press is paying attention – from Thursday‘s Ottawa Metro

NDP MPP Jagmeet Singh will introduce legislation capping the fees companies such as Western Union and Moneygram can charge for sending money overseas, according to ACORN Canada.

The legislation would cap the fees at five per cent of the money transferred, the group said.

ACORN has held protests on the issue, including one an Ottawa Western Union last year.

At that protest, Ottawan Tahir Nazari said in order to send $106 to his brother and sister in Afghanistan he had to pay a $13 fee—about 12 per cent.

While there are many other options for transferring money internationally, ACORN says those companies are the most accessible for people who are not familiar with the banking system and in some parts of the world they are the only local option available.

4780348702 c2ef1e62af bThis Thursday, May 31st, ACORN members will join ally Jagmeet Singh, MPP, at Queen’s Park to announce the introduction of a private member’s bill that could bring badly needed regulation to Money Transfer Organizations in Ontario. 

Sign the petition to support remittance justice here

People across the province are signing on, calling their MPPs to ask for their support for this important bill, and working with ACORN members in their cities to raise the profile of the issue. The press is paying attention – from Thursday‘s Ottawa Metro

NDP MPP Jagmeet Singh will introduce legislation capping the fees companies such as Western Union and Moneygram can charge for sending money overseas, according to ACORN Canada.

The legislation would cap the fees at five per cent of the money transferred, the group said.

ACORN has held protests on the issue, including one an Ottawa Western Union last year.

At that protest, Ottawan Tahir Nazari said in order to send $106 to his brother and sister in Afghanistan he had to pay a $13 fee—about 12 per cent.

While there are many other options for transferring money internationally, ACORN says those companies are the most accessible for people who are not familiar with the banking system and in some parts of the world they are the only local option available.

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