this post was submitted on 25 Sep 2025
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They don't need to turn a profit but the costs need to be financially sustainable. I don't think banning competition is a good move, that's unnecessary. The question should be posed to Canadians at large: what is CP's services worth to us, as a nation? Lemmy's views will certainly be skewed but we need an honest holistic view. Based on @GodofLies@lemmy.ca calculation in this thread I'm cool with the $50 a year 'fee', but that will certainly grow with their losses and they do need capital investment to improve/modernize aspects of the service.
Canada post's costs are less than 1% of the government budget.
If we're looking to save money there's better places to look.
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.)
Why do they need their current level of employees. Maybe they need to downsize of service is being cut.
Sure, I think we can agree they have lots of employees. What do each of them do? Now, why can't we have other kinds of jobs for workers instead of straight up layoffs? I'm saying going straight to downsize is the easy solution because no one in upper management etc wants to develop new businesses that CP can do and service and still make money!! Are some jobs obsolete and outdated? Very likely. Is there a lot of redundancy? I'm sure every government run entity has it. Now who made the shots of hiring more and more? Management. Why aren't they the first to go? Why is the onus on lower level employees?
We can let people go, eliminate jobs all we want about a shrinking business model because they (management) didn't pivot or come up with new models to effectively retain cost-neutral/profitability. What isn't the government and CP saying instead of going straight to cuts? Show us what they tried to get out of this deficit. Well turns out from all the reporting, they did very little and the private sector took their lunch. What a disaster.
Postage services can be so much more, they just aren't willing to try. Why can't they do basic banking? Financialization. They had the opportunity to but chose not to because they're dinosaurs with outdated business models. Be a storage depot / warehouse for small businesses. I'm just throwing ideas out there.