Canada Post Needs New Strategy to Avoid Annual Deficits
Strike, strike, strike over the years. Get more and more, the taxpayer will pay. Instead of Canada Post winding down their letter carrier numbers and using more neighbourhood mailboxes while beefing up their parcel delivery sooner, they let the union dictate the future and it is not bright.
Email, long-distance plans on cellphones, paperless bills from companies that saw savings, and direct billing and payments all have taken a chunk of business away from Canada Post. It now looks like bailouts might be required annually. Come on.
Wayne Martin Kitchener
(The entire business model they have will not last without multi-million dollar bailouts)
COMMUNAL BOXES
I have a solution to the annual Canada Post deficits! Finish building the communal post boxes across Canada that Trudeau put an end to years ago, and only deliver mail to these boxes once a week. Doing so would eliminate most Canada Post employees and save it from bankruptcy while eliminating future taxpayer liability.
