Are you an idiot? Canada has no unlimited money . Canada will keep increasing the military defense while reducing the quality of all the services

The only people that benefit from competition, are the ones who own the company.

Ask people in BC how much they benefit from ICBC having a monopoly on car insurance…

Ask anyone in BC what their private health insurance looks like these days. Lots of companies out there, and none of them are offering plans anywhere close to what they used to. The difference is, ICBC has the largest cash reserve for payouts…while private insurance companies only have a fraction. That’s why premiums go up and services go down. None of them alone, are able to make enough money to sustain the level of service we expect. Put them all together, and they should. But only if you also remove the profit margins from the equation.

You want to fix ICBC…then we need to regulate it better. The more it behaves like a private insurance company, the worse the service gets. Treat it like a non-profit public service, and watch it come back to where it should be.

So ban themselves too? Might want to lookup who is the majority shareholder of purolator…

Let’s not make an untenable situation even worse. Also government intervention in the marketplace never ends well, and it’s time to face the facts. Mail as it was, is no longer viable. That’s going to suck for a lot of people, and I mean that sucks for sure, I’m not a heartless bastard. But, it pretty clearly isn’t functional.

How do college students undermine Canada Post? Please, be specific.

We need to spend more money on defense sorry. The world is changing and we are severally underfunded for defence.

Why do they need their current level of employees. Maybe they need to downsize of service is being cut.

Expanding Canada Post has been a disaster every time it’s been tried. They are always too slow to respond, and it’s always been just an endless suck of funds. I’m thinking about their stores concepts, the Facebook wanna be marketplace. There’s been a lot of turds over the years. Big old confused and bloated crown corp, like we’ve all seen this one.

Is it mismanaged, for sure it has been. I agree on the precipice that privatization usually sucks, that’s not what I’m really arguing for. But when we say if they are going to be solvent, they need to do more than mail delivery, like right there that’s the gist. Mail delivery isn’t ever going to be a solvent endeavor. So now the question is, OK so where’s the fine line here then, like what’s enough and how much are we willing to burn, what’s not enough and what is too much cash spent? Canada Postal Workers Union though, just drew a line in the sand so hard that I’m not sure how they envision coming out of this one on top, like the institution is belly up for all intents and purposes. On the flip side, the executives obviously fucked this one up pretty hard too.

I dunno, it’s a real son of a situation, that’s for sure. One that isn’t likely going to end well for either side, no matter what falls out here.

I mean Alberta has only private insurance and the highest rates on the country. So private isn’t the answer.

Tax credits are not the same thing as cash. You can’t “spend tax credits” on Canada post, the credits are there to bring the business in and give them credits based on the further income they bring to the country

What if you live in a very rural place? I shouldn’t have to drive to retrieve my mail which would surely happen as there aren’t enough houses nearby to warrant it being a community box location. I’d likely make sure I receive nothing via Canada Post anymore as much as possible, and they can fill some community box with junk mail until there’s no more room.

If they didn’t give out tax credits then they would receive that amount in taxes. From the government’s point of view tax credits are a reduction in revenue.

I don’t think 10% fewer tax credits would have made the difference of the factory being built or not. VW has plenty of money to pay taxes.

Good. Eliminating all door to door deliveries is not the answer and whoever came up with that rationale needs to removed immediately.

And again, for the people in the back: Canada post is a service. It doesn’t make money. It costs money. Same way public healthcare does.

Why are they trying to spin it as a business that needs to generate profit or undertake cost cutting measures to exist and continue providing services that are still being widely used?

I don’t see why it should be subsidized with taxes.
Deutsche Post manages to successfully keep mail flowing as an independent self funded service, why can’t Canada Post?
The simple fact of the matter is that the union is unwilling to budge on finding ways to improve efficiency because the more employees they have paying dues, the more they get paid.
If this was a private company, they’d be willing to work it out because they’d be afraid of the business folding, but here they think the well runs not just deep, but infinitely so.

“The bottom line is this: Canada Post is effectively insolvent,” Lightbound said earlier Thursday.

“It provides an essential service to Canadians, and in particular to rural, remote and Indigenous communities, and Canadians are rightfully attached to it and want it saved. However, repeated bailouts from the federal government are not the solution.”

FFS it’s a service not a business; profit is not the goal. Paying bills for services isn’t ‘bailing out’ your service provider, it’s paying for what you’ve used.

Mail transit is essential for a modern civilization, and it’s not something that should be privately controlled. Having private options is fine, but there should ALWAYS be a federal mail service.

If you want it [to be] profitable it well drop serving every address.

That’s not an acceptable option either. Everyone should have access to mail service and as the private services aren’t obliged to provide it, the federal system needs to step up.

Public services are there to serve the public, not to turn a profit. It’s this expectation of profitability that needs to change.

What is getting so lost in all this social media outrage, is no one is proposing the total ending of mail delivery here. It’s still going to occur, just with some adjustments coming to make the service less of a capital burner, and maybe more of a service that’s matched to the reality of a modern age. It doesn’t make much sense to me that everyone is so opposed to this. Ol’ Grise Fiord is going to still receive their mail under this new proposed system. Well I mean they were until the postal union led their employees off the job once again for the umpteenth time.

Best I can find the government gave a $1 billion loan to Canada Post.

The toal expenditures in the 2024 budget was $538 billion.

This is having $500 in wallet and being concerned that the $1 you loaned to someone could have been spent better.

It has to start somewhere.