Get rid of the dumb legislation that says Canada Post has to both turn a profit and be legally obligated to provide money losing services. The legislation is obviously designed to ensure that Canada Post is eventually split up and privatized.
Anyone who says Canada Post is a business is a moron…no business is legally required to lose money.
Effed up, right? They blew their endowment buying a private company because they got forced to be profitable…they’re still not profitable, because it’s impossible…and the politicians are pretending the endowment that would have kept pensions solvent never existed.
Get rid of the dumb legislation that says Canada Post has to both turn a profit and be legally obligated to provide money losing services. The legislation is obviously designed to ensure that Canada Post is eventually split up and privatized.
Anyone who says Canada Post is a business is a moron…no business is legally required to lose money.
Canada Post owns 91% of Purolator
Purolator is VERY profitable at the expense of Canada Post.
This is an example of why we can’t have nice things
Effed up, right? They blew their endowment buying a private company because they got forced to be profitable…they’re still not profitable, because it’s impossible…and the politicians are pretending the endowment that would have kept pensions solvent never existed.