Friday, August 9, 2013

Proposed Help for Canadian Post


How to Save the Mail without Breaking the Bank - C.D. Howe Institut

The federal government should progressively allow new entrants to bid for some of the mail services currently provided by Canada Post, says a report released today by the C.D. Howe Institute. In "How Ottawa Can Deliver a Reformed Canada Post," author Benjamin Dachis, Senior Policy Analyst at the Institute, notes that Canada Post, a Crown corporation, is facing a future of large financial losses due to declining mail delivery volumes, costly universal service commitments, and mounting pension obligations. Putting more of their services to tender would be a strategy to mitigate such losses. 
Canada Post responds to C.D. Howe Institute's report
Canada Post is currently conducting an important national discussion with Canadians on the future of postal service in Canada. With the relentless decline in Lettermail resulting in ongoing financial losses at the Corporation, fundamental changes are needed to transform the business. The C.D. Howe Institute report, "How Ottawa Can Deliver a Reformed Canada Post," provides further reflection on these challenges and the growing need for change.