Canada Post announces record losses | Your Morning

The crown corporation says it could run out of operating funds within the year if the situation doesn’t change.
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[@FtMacMechanic1]

Not surprised. Canada post never delivers Amazon to my door. They always leave a slip and I have to travel 30 minutes one way to pick up my package. I work from home and am there to receive the packages. Laziness and bad customer service caused this.

[@andrewmachado6988]

Amazon still uses Canada Post? I thought they stopped using them and use their own in house drivers for deliveries now.

[@jm7588]

@@andrewmachado6988 depends where you live

[@thebigpicture2032]

Canada Post is great where I live. Drop off packages at the door, super helpful when I go in to the store.

[@cindyr.5521]

Sometimes they can’t leave your package at the door due to people stealing packages, if you specify to leave at the door or have a bin to put your packages in, they will leave it. It has to be hidden so nobody can see from the street. I think if we knew what’s going on behind the scenes, we kinda understand a little

[@jawadshamir]

After paying $50+ for a home delivery, "Sorry, we couldn't deliver your parcel, please go to a nearby pick up store". This is robbery!

[@EricFraser-ri4sg]

I love how these bureaucrats and politicians blame everything on COVID or Ukraine instead of their own incompetent leadership

[@Flavor_Flav]

Especially in Canada.

[@xyzxyz-hi8lp]

Need an excuse for anything……”Covid”!

[@mdube391]

Amazon needs to run Canada Post.

[@xyzxyz-hi8lp]

Bring back milk men, the town cryer and the switchboard operators.

[@mikep4869]

You forgot elevator operators, doormen & folks to fill your car with gas.

[@terrymckenzie8786]

I like Canada post. When I send a package across Canada it’s way way cheaper than the private ones, and just as fast. Perhaps they need to raise their rates.

[@magnusatheos7301]

They need to cut at the management levels like most western corporations. Instead they always squeeze at the operations end that actually makes the place work. As a result, moralle goes down which is then reflected in the service, and customers leave. But western corporations will never learn.

[@shamsnanji2303]

If we keep on cutting cost this is the result of all the corporations as they will suck the company dry amd move on to the next

[@stephenr6194]

Too many Manager Too many supervisor Too many Superintendent

[@magnusatheos7301]

They could and should completely get rid of the Superintendents, most of the managers, and probably over half of the supervisors.

[@stevepatrickjarvis]

I don't mind not getting any flyers anymore heh.

[@davidpaulmert800]

Just tax the company harder,that will help

[@buskerjames]

Don't blame it on Covid stop giving CEO's incredibly large bonuses ridiculous

[@mininari-hq5oy]

Talk to Amazon, I still like my paper flyers

[@tedebayer1]

Anytime before the 90s we used to write these things called letters, get all our bills and documents sent to us, send back payments, packages... everyone did it, and for the most part the postal service did a pretty good job 99% of the time. The entire operation was set up and based on that model, which in this era of everything electronic and multiple delivery businesses is anyone surprised? A nation wide bricks and mortar, people and trucking based delivery service handling a fraction of what it used to handle. All we get is flyers anyways...

[@marcelstanford430]

I remember when they went on strike seemingly every year or every other year...and every time they did people used them less.

[@JimCCorn]

You should not be telling this story. I heard the CEO is going postal.

[@jamesneveaux4892]

Maybe CBC can fund Canada Post Executive Bonus packages?

[@user-rs7ve3ky3u]

If Canada post could at least get addressed mail into the proper community mailbox, and not lose half their mail, then people would probably use them more. And how about accountability! My daughter had a notice of a package delivery in her mailbox and it wasn’t there… all the post office could suggest was call the 800 number… sucks to be you!!

[@flynn4838]

I went to the post office one morning to pick up a parcel...i had my tracking number....the guy complained to me that he had 176 packages to go through.....i said ok ....later on that day when i received my notification that i could pick my package up at the little post office at the Pharmacy near me...i went to pick it up.....and the lady told me she was really busy because the Canada Post Delivery guy had dropped off 176 packages......not a single package delivered.....i never get a knock at my door....just a delivery notice card....i also have a doorbell. This was in Renfrew,Ontario. They are lazy!!!! And are getting paid for not doing their job. They deserve no raises....and most need to be fired for laziness. The delivery guy is a drunk.

[@mikep4869]

Why doesn't that surprise me.

[@MikeB-ru2tn]

One day, a Canada Post employee steps on a snail, another worker asked, why did you do that? The first worker replies “That damn snail has been following me all day”. That’s why Canada post is going broke.

[@idcraw]

Used to deliver the mail now i have to go for a walk to get bad news

[@truecanadian1616]

PM Harper had CP in a surplus position before Lustin' decided to make the easy decision and cave to those who live in the 1950s. This deficit is completely on his shoulders and is one of the endless things that Pierre will need to waste time addressing once he takes office. But I do thank CTV for allowing comments as our Taxpayer-funded Conservative Bashing Corporation doesn't want to know what Canadians think. Ever ...

[@bobross6593]

Projected revenue and actual revenue. Project high and claim a "LOSS"

[@rickboer7715]

Little wonder. No body is mailing letters anymore .Everyone sends e-mails instead.

[@vask9748]

They need to drop home delivery and go to boxes. They need to deliver packages 7 days a week and evenings. And cut management

[@thebigpicture2032]

No to privatization. They offer the same service with profit levels for themselves so prices will go way up. Mailing a letter will be $11 minimum.

[@BN-ts3oy]

Privatization creates efficiencies. If there is a domestic market that is untapped, private companies are competiting with each other for consumers dollars, the prices go to zero. Look at the tech sector, it wasn't regulated, yu enjoy the power of a mainframe compter in you pockets. CanadaPost is so inefficient, they can't fire the staffs that tell me bad things, they have this intonated tone of saying thankyou for your business when they aren't creating any value.

[@vask9748]

Who mails letter's anymore? Letter mail has been decreasing exponentially.

[@thebigpicture2032]

@@vask9748 business envelopes

[@BN-ts3oy]

@@vask9748 you still need that facility. They can make it more efficient, much more tighter, harness a razor thin profit margin since they acquired the monopoly being government funded and embark on other higher profit margin opportunities now opened and now plush with cash. They can't do it publicly because there is not competition made. They have to privatize strategically now that they are collapsing and offer exceptional value to its end users, us, the customers. Like walmart. Mailing should be commoditized like rice flour things you eat, keep it balanced and with cutting edge efficiencies they bring prices down.

[@Thankyou_3]

Canada Post should be privatized. Price hikes happens all the time and yet they can’t balance their budget. Absolute corruption.

[@DharmYogi]

Work with Walmart and amazon

[@archur111]

Free shipping to canada from anywhere else especially china

[@thomasklimchuk441]

I bet they still got their bonuses though

[@handzus19]

In just 1 month, they have lost 3 of my packages in which the items were sent to the wrong address.

[@robhersey1796]

Just add another tax. No problem!

[@margogreen8619]

I had to pick up 4 beds at a small post office, I don't have a car, we lose they lose!

[@don-cw1yz]

Privatize it.

[@JessT-vg7ib]

How about cutting mail delivery to once or twice a week, lay off a lot of staff, and consolidate a lot of the retail spaces they occupy. That will save the tax payer a lot of money.

[@jaschan2006]

As much as I want to agree with you, those with jobs don’t want to be laid off. Personally, I think they have it fairly good.

[@bobross6593]

tax payers don't pay into Canada Post. I used to deliver mail... most routes are over 20 kilometers... nobody would do that back breaking job for less.

[@JessT-vg7ib]

@@bobross6593 just because you delivered mail that doesnt mean you know how the entire system works

[@8randomprettysecret8]

That’s not good oh no 😥

[@goodflop255]

Good job CPost, typical

[@workstationmark4103]

Tough job in the hot summer and cold winter

[@andrewmachado6988]

Canada Post is severely missed managed. I know someone who works at one of the mail processing centres and the stories they’ve told me will make you scratch your head. For a shift they’ll call in say 50 people, 30 of those people, they won’t have any work for them so they tell them “we have no work, just do whatever for your shift, clean your work area, sweep up, etc” they’ll pay them an entire shift to do nothing instead of sending them home and paying them the minimum 4 hours for showing up for work.

[@josephsmith594]

Unions, destroying Canadian productivity one organization at a time.

[@galefraney]

One big reason is that after paying more than $50 to have a package delivered by Canada Post, instead of delivering the package, instead they put a card in my mailbox telling a bold faced lie, saying "delivery was attempted" ... when it wasn't ... I was waiting all day for the delivery. Then I was forced to go to the Post Office and pick up the heavy parcel (I don't own a car) ... so all the money I spent on delivery was a complete waste (and total joke). This is why I now ensure that items I order come by courier. Very simple ... Canada Post has one simple job to fulfill ... when it instead tells lies to avoid delivering packages ... people then avoid using them in the future. They choose other ways of having their packages delivered. Very simple cause and effect scenario.

[@shamsnanji2303]

We need supply chain masters amd revamp the company to the courier business model as the postal service is not meant to be profitable it is meant to give servicewith more intelligent ways to deliver.

[@eneshadzic3778]

Because you keep shoving junk mail in my mail box.

[@kevinhamilton7482]

Can't blame covid for anything, a record number of patcels were delivered during that period.

[@SNieX0]

They should call the King and ask for money. At some point, did no one in 1971 (when the internet was invented) and thereafter in the 80s and 90s (when email was adopted in the Western world) think about this? At the very least, the principle that delivering mail to Canadians is a core responsibility, not for profit, should have attracted the necessary talent to adapt to the times. Sorry, but not sorry-facts don't care about feelings.

[@andylee7457]

Its simple. They had the chance to take all the parcel business but failed miserably with Amazon and bunch of other small business. Canada Post took the job but did not improve their current process. All clients ended up switching away from Canada Post because Canada Post could not fulfill the demands. Its the worst when parcel is missing since Canada Post do not take those issues serious enough. Even the business whom used to use Canada Post are now switched to other companies. Its obvious turnout. They suck at what they do so more and more people are not choosing to use Canada Post. They still have same # of employees since they are unionized although they probably need half of their workforce to do the job they have. They need to be privatized to survive.

[@mikep4869]

Canada Post is a business that has been disrupted. It will eventually close.

[@mikep4869]

When a business operating with a monopoly can't make a profit, it's time to get out of the business. Cut the workforce by 10% (or whatever number is needed) and the deficit is gone. Disruptions come in many forms, and this one was clearly seen coming. Let's keep taxpayer out of the corporate welfare game.

[@bobross6593]

I used to deliver mail...most routes were over 20 kilometers... cut workers...nobody could do the job

[@mikep4869]

@@bobross6593 That was a job I always wanted to do.

[@magnusatheos7301]

It's not the workforce that needs cutting, it's the management. Typical western mentality always looks to cut the workforce at the operations level, but keeps bloat in the management level. It's your way of thinking that got them into this mess.

[@mikep4869]

@@magnusatheos7301 Transition to community mailboxes. 35-years ago when community boxes started, government gave unions notice that in 30-years, all mail would be delivered to community boxes and door delivery would cease. That would give all letter carriers (even the one that started work the next day), time to end their careers. Operational level is from management to 'boots on the ground'. they all go.

[@hiro0500]

Haha.... keep increasing and more loss, soon will end. Because too expensive to mail stuff.

[@bobross6593]

Profits every year...but to Canada Post projected revenue minus actual revenue... they consider a loss?

[@dougow]

Yea those fat pay checks and union works need to go, you'll never make money that way.

[@bobross6593]

ah but they really do profit each year. Projected revenue minus actual revenue...they call that a loss

[@marilynhaley7033]

Maybe restructure the ŕoutes, over paid for hrs worked

[@mattchancey3202]

Canada post is sooooooo lame.