Canadapost is broke.

[ZenOps]

Pretty sure its no surprise. $3 Billy in six years.

[TomcoPDR]

I hope they’ll still honour permanent stamps

[mr2mike]

As long as the exec's get performance bonuses like the CBC, what's the problem?!

[jutes]

Defund Canada Post and CBC. Let the market fill the gap.

[ExtraSlow]

Why do you hate these good union jobs?

[XylathaneGTR]

These discussions on government-provided services "losing" money are always interesting; it's a service which is supposed to provide service at a cost; it's not necessarily there to run a profit - it's an expenditure. Governments aren't supposed to function as businesses and they shouldn't be viewed through such a lens, and these topics serve a very right-leaning agenda to privatize and pass (often greater) costs of service to consumers by introduction of a profit margin.

[LilDrunkenSmurf]

I'm for defunding the CBC, but no private market is going to fill the gap here.

[Xtrema]

It's because you fuckers keep ordering shit from Temu and Aliexpress. Let China exploit a system that isn't designed or compensated for commerce.

[Tik-Tok]

If i only had letter mail delivery one day a week, I'd be perfectly ok with that. That would be some significant savings. 75% of the letter carriers no longer required, 75% of the letter courier trucks no longer required. That ought to be worth a billion or so annually. All packages should be pick-up from a depot anyways, instead of wasting paper on "missed delivery" notices.

[ExtraSlow]

2 days a week, final offer.

[jutes]

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If i only had letter mail delivery one day a week, I'd be perfectly ok with that. That would be some significant savings. 75% of the letter carriers no longer required, 75% of the letter courier trucks no longer required. That ought to be worth a billion or so annually. All packages should be pick-up from a depot anyways, instead of wasting paper on "missed delivery" notices.

[brucebanner]

I live rural, still pretty close to a city center but a Canada post carrier is by my house every business day. It's like I never left being in town.

[ExtraSlow]

25 years ago when I moved into Cowtown from A-town, I was shocked that I got delivery right to my door. Even back then that seemed completly unnecessary. Now it's just silly.

[max_boost]

sell canadapost to amazon

[ExtraSlow]

You'd have to pay them to take it.

[Bytem3]

And the union people will have a bird if any of their members lose their job

[redline]

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25 years ago when I moved into Cowtown from A-town, I was shocked that I got delivery right to my door. Even back then that seemed completly unnecessary. Now it's just silly.

A-town ? Or was that suppose to be a town

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2 days a week, final offer.

Sold …

[ExtraSlow]

I said what I said.

[Buster]

I think it's funny that people think Canada Post is "broke".

the entire government, public funding, public pensions...all of it is broke.

[Tik-Tok]

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I think it's funny that people think Canada Post is "broke".

the entire government, public funding, public pensions...all of it is broke.

True, but up until 2017, CP had a pretty good record of actually earning profit for the government instead of being just another underwater institution.