Timmins-James Bay MP Charlie Angus is ‘deeply disappointed’ a Matheson bank is shutting its doors.
According to Angus, the CIBC in the community is closing in July 2019.
“CIBC is displaying a real disregard for the customers and communities of Northern Ontario. At a time of record profits, the big banks are walking away on customers and communities. And yet, they continue to lobby government for breaks and favours while showing a total unwillingness to work with northern communities,” he said in a statement.
Matheson isn’t the only community facing bank closures.
Recently, the CIBC in South Porcupine also closed its doors. In 2017, TD Canada Trust closed its branch in that community as well.
Angus said he’s been involved with groups wanting to work to maintain local service.
“Canadians should be able to expect better from their banks. Given the huge profits they make this kind of neglect isn’t acceptable. If Matheson residents want to keep their money in town, in an institution that’s shown real dedication to our communities, the Caisse Populaire is across the street,” said Angus.
