Canada Post now offers loans alongside stamps and packaging as it officially launches a partnership with TD Bank Group.
The Crown corporation says the loan program is designed to provide more financial options for Canadians across the country including in rural, remote, and Indigenous communities.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Canada Post says it launched pilot programs last fall before ramping it up nationally in recent weeks. It says testing found there was demand for loans that meet the demands for a range of Canadians, including those new to credit. Canada Post says the personal loans start at $1,000 and have flexible repayment terms at TD interest rates.
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