Canada Post

Fish Assassin

Crew Member
Can't really blame Canada Post as much as I feel the government is to blame. If our government keeps cutting jobs we will all be working in another province. Canada Post, DFO, Coast Guard, Teachers, Ferries ETC..... What's next? I don't want to know.
 
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ya it would be great to have a job in my home province.. riding the westjet 18 times a year isn't my idea of a good time :), great pic I had a good laugh at that..
 
Half the sh#t that comes into my mailbox is the same sh#t lying on the ground in that photo (advertising I don't want or need). Canada Post sadly has become a flyer delivery company as far as residential services go. Not really "an essential service" any more. Its going to have to involve. Not sure this is a "management" problem. More likely related to "global" trends in how we send information. I do like the picture though.

BB. Agreed CP is a CC, but, if it incurs losses, pretty sure tax payers would foot the bill at some point.
 
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Not many people send letters anymore......I haven't sent a letter in 15 years.

Only use the post for parcels and Christmas cards.

If video killed the radio star...then.......e-mails, texting, Skype and I-phones killed the post office.

In the same way that Kindle and apps like that are killing off hardcopy books......

I much prefer a real book to a Kindle version though.

So far I am not addicted to I-pads or I-phones...I don't even own one of those and I don't want to either.
 
The interesting thing here is that while technology is killing the "letter" delivery aspect of Canada Post's business, so far technology hasn't figured out a way to deliver parcels, and until it does, Canada Post is and probably will continue to be competitive and profitable in that business. The recent moves to end the remaining third of the home delivery business coupled with the increase in the price of stamps is probably a wise business decision - which may well ensure CP can return to profitability and not become a potential burden no the taxpayer. Frankly I've gotten quite used to going to the community box to pick up the odd bit of mail that we get.
 
In Cumberland we always pick our mail up in the box don't know why I would pay for house delivery unless it was a reel I special ordered "yay Oregon" I imagine my jugheads being delivered by email to my 3d printer. In carbon fibre
 
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Something no one seems to be aware of is the high incidents of mail theft from the "bank" of mailboxes as pictured above especially at Christmas time when there are a lot of gift cards etc.

h.e.h.
 
Something no one seems to be aware of is the high incidents of mail theft from the "bank" of mailboxes as pictured above especially at Christmas time when there are a lot of gift cards etc.

h.e.h.
Yeah, surprising the media suddenly noticed?
 
Hey BigBruce........get ready for Amazon delivering parcels by small drone helicopters.....they actually have it developed.....

I can see all kinds of these drones being shot down by thieves.....

And also cluttering up airspace or being attacked be eagles and other raptors.

The fun is just starting..........
 
They did a newspiece on mailbox theft.......CHEK TV

Turns out that Canada Post accepts no responsibility whatsoever if your mail is stolen from the box.

They say once it's in there it's yours......

Never mind if the lock has been pried open with a crowbar and it won't shut anymore.....
 
Ahh skeet shooting with a prize! :-)

Hey BigBruce........get ready for Amazon delivering parcels by small drone helicopters.....they actually have it developed.....

I can see all kinds of these drones being shot down by thieves.....

And also cluttering up airspace or being attacked be eagles and other raptors.

The fun is just starting..........
 
Honestly, although I don't like all the cuts this government has made (especially dfo, and coast guard) I am into this one. ITs completely useless. Our government has gotten way to fat over the years and good on harper trimming some of the fat. I really feel for the people that are going to lose their jobs though. Its not their fault but unfortunately, much like the ferries, and pretty much any other government job I t can think of at the moment, these people have been WAY over paid considering their skill set, and now that there job is over, im not sure where they go from there.
 
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I find it hard to get excited about the home delivery thing. You had a 2 tier system running anyway! I'm not sure what the cut-off year was- but those of us who had a house newer than that( at least 1998) got a box-those in older housing got home delivery. We all paid the same amount-such systems can't work-they aren't right and are not fair. I couldn't give a sh@t about someone losing home delivery-I haven't had it forever-so cry me a river!!!
 
This has nothing to do about profit or loss.
It's ideology and the slow road to privatization.
You just have to look at the annual report to see it.
They are getting setup for a fail, then the only solution will be let the free market cure it.
It's a shame because there doesn't seem to be a case where this actually works.
That won't stop them from trying again.
Yea get rid of those jobs... they can go work in retail or flip burgers.
Problem is those people won't be customers for other small companies.
And so the death spiral continues for the middle class.
 
GLG, unfortunately I believe it has everything to do with financial results. If Canada Post was posting huge profits, no one would even be talking about it and I have doubts that the Conservatives would touch it. Have you been following the privatization of the British Post Office "where it actually works" (Managed by a Canadian)? Sited as one of the best privatized postal service success's globally on how to re-engineer a business that is close to failure. Unfortunately, not privatizing some of these relics of the past will mean we will have to pay higher taxes to cover operating losses at some point. The US Postal Service is going thru the same thing right now as are several countries. In fact many parts of the world are switching to a privatized model for postal services. I respect your view and disagreement with the change ideology, but, the question is, are you willing to pay for it ? I don't personally see the value in seeing more of my tax dollars going to something where most of us won't get any added value. The way we get mail is changing and keeping this huge postal infrastucture just isn't sustainable.
 
The British experiment will be worth watching.... that's for pointing that out.

But...
This is not about profit or loss, if it were then how would you explain this

over the last 17 years, Canada Post has added money to the public purse in every year except one. That was 2011. That year balance sheets bled red ink due to a rolling strike followed by a lockout; costs related to a Supreme Court ruling on pay equity; and a recalculation of pension liabilities.
reading...
http://www.theglobeandmail.com/globe...ticle15981676/

you just need to look at the Con's play book to see
http://www.fraserinstitute.org/research-news/research/display.aspx?id=10843

All I can say is you should take their advice....
The results showed that privatized firms increased profitability, efficiency, and dividends while reducing debt ratios and employment.3 Shareholders particularly benefited through substantial financial gain from these Canadian privatizations. Boardman and colleagues noted that investors who purchased a portfolio of privatized firms four days after privatization and held them for five years enjoyed an average gain of 123%, which is 70% higher than what they would have received by purchasing the market index (TSX) over the same period.

Not so good if you work for that company but if you had the money and connections to get in on the shares you could make a tidy profit.... and that is the whole point... transferring the profits from the public to the private sector.

Looks to me that since they changed out all the directors and top staff from the past government appointees to the new government appointees we are being set up to privatize. Manufacture a case through moves to lose money and then the only solution is to sell to the highest bidder. (can anyone see BC Hydro doing this?)

If you do read the PDF notice that they use the case of Cameco and it's success. Well those folks are in hot water with CRA for off-shoring the profits and taxes. Who got cheated???? People of Sask who owned the resource. It's a heck of a scam and without going to deep... 100's of millions of dollars have been cheated from the public from lost royalties and taxes. Will see how the court case goes or if it gets swept under the carpet.

Another big problem is that monopolies are not well suited to private control. That's why you set them up as a crown corporation. You need the public over-site to make sure they don't cook the books. Does this public over-site work? Well sometimes when the public is looking and thinking but lately people refuse to think and they let others think for them..... Or just let the flavor of the day sound byte be their guide to what's right or wrong in business.

Personally I could not care one way or another if I had to pickup my own mail.
As others have pointed out it's just junk mail anyway.
Even though they do make a tidy profit from that junk mail.
But hey just another nail in the coffin of the middle class....

Won't effect me..... just pointing it out....

Who will be next???? My guess is the Mint.... They have been very profitable for the government and I could see these Con's eying that profit for the Base ...... Nothing could go wrong... right?:eek:
(just a joke as I don't think printing money would go well as a private corporation)

GLG
Trained in business but lately questioning what I learned against what I see.
It's not adding up.....
 
The problem with the financial picture at Canada Post is that while the Corp has been profitable in the past, it is not likely to be so in the future due to the significant decline in mail volumes in the Postal Operations (i.e. regular mail). Chopping the balance of the home delivery service would seem to me to be a good move given the cost of maintaining such service in the face of declining mail volumes. The Corp will, however, need to do a better job of securing the community boxes particularly in the areas more prone to theft.
 
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