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Canada Post case not proved
Adrian MacNair, in his opinion piece on Canada Post, says the Crown corporation is facing declining mail volumes and is on pace to lose $1B by 2020 (six years from now). And yet he advocates selling Canada Post to private sector investors. Who would invest in such a money-losing enterprise? Or does he think the key to profitability is to get rid of the public sector union that he says refuses to make “reasonable” concessions? As for driving “even more people to e-commerce,” how is that germane? And how does he think those orders get delivered? By private services, to be sure, but also quite often by Canada Post--the same service that still handles huge volumes of parcel mail at Christmas time.
He notes the current British government has privatized (60 per cent, actually) the Royal Mail. But that happened only a couple of months ago, hardly a blueprint for success at this point. As well, mail delivery in the United Kingdom does not have the same geographic challenges as it does in Canada.
Case not proved, M’Lud!