Tuesday, August 28, 2012

Canada Post Continues In Red


Once again, the quarterly financial update for Canada Post is in the red. Faced with a declining volume of mail delivery, a reality of the times that will only get worse, Canada Post continues in their struggle to acquire new sources of revenue. Rather than ignore the issue of the frequency for mail delivery, perhaps Canada Post should start a dialogue with the public about reducing residential mail delivery. From my perspective, residential mail delivery on Monday, Wednesday and Friday would be more than adequate.

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