Maybe instead of giving away tax credits, they should use those taxes to improve Canada Post…

I’m not standing with either side here. This is going to be a case study in how not ever being able to reach a compromise completely destroys the public’s confidence in an institution. I just watched a rather large institution say behind closed doors today, that they’ll never have confidence in CP and it’s very soon going to be codified in their policy that it’s never used for any corporate purposes in the future. I’m also on a board that has already reached that conclusion with the uncertainty earlier this year, and now has a resolution out to their membership at their AGM to only electronically send notice for funds collections in the future, as CP can no longer be counted on.

CP is legitimately fucked, in more ways than one, and will never exist in the way it did yesterday morning, no matter what happens here. This is the nightmare scenario, and both the executive and the union only have themselves to thank for it. Their membership should be mad as hell, because not very many of them are going to have the jobs they once did. As a tax paying Canadian, I’m pretty mad at the executive too, how they can burn that much cash is mind boggling. Pretty f’n broken. You can curse me and throw all the hate that you want at me for this viewpoint, but it’s the stone cold truth.

Oh I am aware that they don’t really need to turn a profit. Net zero / cost recovery is more than good enough. And I am in no way implying using government legislation to regulate that market. We need Canada Post to change their business model where they can still retain their currently hired employees. Are they seriously not able to make significant changes to their existing model to be more competitive? It reeks of a non-innovative c-suite and board (and government officials) unwilling to take the hard road of actually working with the employees to make complex organizational changes. They are taking the easy way out via ‘standard accounting/business practices’ by slashing services and worker layoffs. That’s the easy way out.

What does the hard way look like? How about sitting down with union employees down to the lowest worker level and actually find ways for cost savings and new business opportunities to patch the shortfall? I don’t to believe that CP management truly has tried other than finger-pointing at external private businesses stealing their lunch from underneath them or government legislation that’s unwilling to change (because the fed gov is really the one in control here - so again, I’m saying they’re just taking the easy way out. You think an elected federal government employee is going to sit down and do the hard work to go around talking to a large number of union employees to find a way through all this? My bet is no - they’ll take the easy way out.)

Compete , optimize operation cost, and don’t listen to trump asking to spend 5% on NATO

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.