Normally, when a company faces losses and declining demand, it innovates and reduces costs.
canada post
June 5, 2024
2:30AM
The Crown corporation lost $748 million in 2023, the sixth consecutive year it lost money.
December 4, 2018
2:21PM
All mail letters in Europe are open to competition.
July 8, 2016
3:00AM
Labour dispute notwithstanding, if fax is on its way out, post may already be gone.
July 7, 2016
3:09PM
Already, Montreal taxpayers see 13 per cent of their city’s operating budget go to fund pensions.
September 30, 2011
9:00AM
June 13, 2011
2:00AM
With the breakdown in negotiations between Canada Post management and the Canadian Union of Postal Workers, many cities across Canada have been subject to rotating strikes by the mail carriers. Naturally, it is Canadians who rely on the crown corporation for mail delivery that are adversely affected. It doesnt have to be this way. To protect consumers, the solution is to privatize Canada Post.
January 22, 2010
2:00AM
Canada Post is a dinosaur that has lived far too long. Only a monopoly protected by government can treat the public the way it does. The cost of stamps for a first class letter on January 11 went from 54 to 57 cents, for an increase in 5.5 percent over a year in which consumer prices rose only half that rate. Since 1971, when a stamp cost 7 cents, the cost of mailing a letter has jumped by 714 percent while general inflation was only 443 percent.