postal strike looming ?
- Thread starter Big Rig
- Start date
This is a real case of shooting yourself in the foot. They've already lost 75% of parcel volume and 50% of letter volume. Even if they resolve their issues and don't strike, some of that business will not come back.
So unless work conditions are actually lousy (they're the opposite), it's in their best interest not to make this ruckus. As much as this negatively impacts me and my business, I hope Canada Post holds out and the union gets crushed in this case. Fucking wage hikes, are you kidding me??? You guys are operating at a deficit of hundreds of millions when accounting for pension payment shortfalls.
So unless work conditions are actually lousy (they're the opposite), it's in their best interest not to make this ruckus. As much as this negatively impacts me and my business, I hope Canada Post holds out and the union gets crushed in this case. Fucking wage hikes, are you kidding me??? You guys are operating at a deficit of hundreds of millions when accounting for pension payment shortfalls.
Take carfeul aim ,and shoot.
FAST
They want me to guarantee their pension plan, I don't think so.
FAST
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We might have another Canada Post strike this friday.
Union has given them their final offer.
No word on whether they accepted or not
Union has given them their final offer.
No word on whether they accepted or not
Yeah, Canada Post is looking to you, some random guy who posts on an escort review board, to support their pension. I'm sure you have so much to offer.
Hey, look! There's a cloud for you to go yell at!!!!!!!!
They had better not be late delivering my Britney Spears sex doll 
Its a Christmas gift for @squeezer
Its a Christmas gift for @squeezer
I know; I'm just having a laugh at the sense of self-importance I read from that curmudgeonly post.
That means its probably inevitable then.
Time to privatize CP.
Thats what they did in Austria and Holland.
Works pretty well
Buying Canada Post would be a dumb-as-fuck move for any private entity.
Look in your mailbox and tell me what you see. Junk. Coupons, flyers and leaflets from every shitty pizza shop in the area. That's 99% of what most people get.
Mail service is really only valued by old farts and Luddites who haven't figured out how email or online banking and bill-paying works.
For parcels, there is already tonnes of competition -- FedEx, DHL, Puralator, UPS.
Give it 20 years and there's a good chance Canada Post will be gone, or if it's still here it will be even less profitable than it already is.
They haven't even been profitable in the last 2 years.
In 2023 Canada Post reported a loss of $748 million, its largest ever. This was due to declining revenue from letter mail and parcels, despite an increase in package volume.
And in 2022 Canada Post reported a loss before tax of $548 million
Exactly. It would be financial suicide to invest in Canada Post, not to mention the huge headache involved having to oversee and manage an operation as massive as Canada Post.
Given the financial numbers you cited, it's not likely to get better in the future as more and more companies and organizations go paperless. The only thing we REALLY need the postal service for anymore is sending Christmas and birthday cards.
As an essential service, they don't have to be profitable. Profitability is not the way to look at Canada Post. Passport, driver's license, OHIP cards are delivered by CP.
As for timing, it is done to strike the deal as soon as possible. It would be less impactful to start this strike in the summer.
Canada Post used to have the power to hold the public hostage every couple of years through strikes, forcing the government to meet their demands. Today, it’s a shadow of its former self. Inefficient, and struggling to remain relevant. If Canada Post wants to sustain jobs for its workers, it’s time to embrace innovation and adapt. The government should take the lead in finding modern solutions that serve the public more effectively, rather than clinging to a model where postal employees have diminishing negotiating power due to the shrinking demand for traditional mail services. The future of postal work must evolve with the times.
