Canada Post wants the federal government to consider changing the legislation that requires it to deliver letter mail daily— a mandate the Crown corporation says no longer reflects modern realities and is causing it to lose money.
“If you have a community mailbox, a lot of people check it once or twice a week,” said Jon Hamilton, vice-president of communications at Canada Post.
“We need to work with government to ensure the regulatory framework aligns with today’s needs.”
The postal charter, which dictates how frequently Canada Post delivers mail, hasn’t undergone any significant changes since it was created in 2009, Hamilton said.
No shit it loses money. It’s a service. Not everything has to be run at a profit. Bring weekend and the return of direct to door delivery. Provide better shipping rates and services, combine parcel and mail delivery. Only deliver mail when critical items arrive or with packages.
I feel like there are creative ways to balance it, but they’ll always run at a loss if they have to cover this giant country and provide equal services. I’m fine with that, it’s a great use of taxes.
From the article:
So, while I agree it should be a service funded by taxes, that’s not how it’s set up.
I thought there was strict regulation to ensure crown corporations operated at a 0 profit margin. They can do things like employee bonuses or salary increases to eat up any profits but can’t operate under the premise of “making money”?