if they had a loss than why all the executive bonuses ?

Canada is just keep getting worse and worse

Executive compensation is never discussed.... weird.

What this report fails to mention is that the corporation has spent multi millions upgrading their fleet and is planning an expansion at one of their biggest sortation facilities. If the volumes are down and they are reducing delivery, why the investment and expansion if there is no revenue? Corporate executives and managment continue to recieve bonuses while carriers are fighting for a decent living wage. Typical crown corporation propaganda.

Canada Post isn't really supposed to make money...at best it's revenue neutral...and they dropped the ball with online shopping...they should have increased their services and workforce then.

We pay a crapload in taxes every week. Sorry but this isn't acceptable!

You mean daily junk mail delivery?😂

A Typical Crown Corporation Run By People Who Don't Know About Mail Service

They needed competition! Their shipping costs were ASTRONOMICAL.

they don't do a good job anyways, my mail person doesn't even make an effort to deliver packages, all they do is leave a notice "sorry we missed you" and to pick up the package later at the post office... i work at home btw, they have one job!

Just sounds wacko....

Let's send more money to Ukraine

If you order anything on line and it gets shipped Canada post no matter how small you will have to go pick it up at the post office. They advertise their green carbon neutral delivery but what they don’t tell you is they just replaced them burning gas to deliver the item with you burning gas to go pick it up.

Cbc gets money and they don't

Considering it costs 1.07$ just to send a letter, I am not surprised that Canada Post is considering reduced deliveries.

We don't need it everyday, I agree...mon/wed/fri would be good enough. People in my building don't even check their mail daily, it piles up over a few days.

Eliminate the bonuses for starters , Canada Post is starting to be a real joke .

Just stop delivering flyers and junk pls and thank you.

This is Trudeau's fault

it would be nice if Canada Post can actually deliver my mail correctly , I always get someone else's mail and my mail is always missing!

The postal service, along with the early rail network, is one of the key elements that defines our very country. At least it was in the past. Considering abandoning this tradition is immoral.

60% of seniors don’t have computers to follow the agenda. I suppose utilities don’t want our money .

For 7 years I have been receiving another persons mail . Canada Post says there's nothing they can do . I write return to sender . It still comes back . Maybe excellent Amazon should deliver mail .

Seniors better get used to it. I am a senior myself and I dont use Canada Post that much. Shrink the post office and cut the losses.

A standard negotiating tactic is to threaten jobs of workers. That is probably what this is. Mail is an essential service used by seniors (who will constitute 25% of our population soon) and rural areas that often have no chioce. Let's remember that Canada Post was once solely owned and delivered by the Government of Canada before it was a crown corporation. Perhaps the time has come for our government return to that function if Canada Post the crown corporation is unable to do the job.

They did it to themselves !

Geez, and I get upset that the US postal service doesn’t deliver on Sunday. And garbage pickup in Canada is only every other week. WTH happened to Canada?

Projected losses are different than actual financial losses. Canada Post has never lost money since it’s become a crown corporation. This is the same speech they give every time our contracts up for renewal.

It's funny how they always lose money when the contract is under negotiations. Very interesting. Maybe cut all the micro management positions and the ridiculous bonuses going to people who don't even work.

They should consider eliminating the daily junk they deliver. Rarely any letters

They haven’t done daily deliveries for ages anyway. Maybe officially they do but in reality mail only seems to show up at most twice a week.

This video resurfaces the philosophical argument for the federal government's retention of crown corporations (state-owned enterprises)- which typically exhibit the following characteristics: (1) Reduced consumer choice and domestic competition from private sector alternatives, while being shielded from market forces like bankruptcy and continue in operation despite poor economic results, with taxpayers and customers bear the costs of poor service (2) A lack of transparency in (and accountability for) operational performance, political nepotism and decision making, political interference in decision making and resource allocation, and (3) Collective bargaining arrangements with trade unions which often usurp management prerogatives to be nimble and flexible in adapting to changing market conditions, and in so doing breeding operational inefficiencies and a lack of innovation.

I’m mostly getting spam from them. Twice a week is good enough.

I am already getting mail only four days a week most weeks now. People won't use a service that is unreliable. I have a package, shipped via Canada Post that is already later arriving. Maybe providing better service instead of reducing service would help.

Always LESS EFFICIENCY from government!

My experience with Canada Post over many years has been very good. Mailed a cheque one afternoon and it was received early next morning! With most things being done on line, it is wasteful and costly for daily delivery. Bills are usually received 2-3 weeks before they are due, a day or two less leaves more than enough time. I now live in a rural area and still receive my many parcels on time or earlier than promised!

Half the town gets mail on Monday, Wednesday, and Friday, the other half delivered Tuesday, Thursday, and Saturday. Problem solved.

Maybe they need to consider decreasing the CEO’s pay from over $600,00 per year. Or decreasing the upper managment pay from $122 per hour. They also should maybe include the new sorting facility that they just built for 1/2 a Billion dollars, the courier company they just purchesed, the facility being built at Vancouver airport or all the new fleet vehicles they purchased. And maybe they should not have given management a bonus on their last paycheck.

Once a week would be enough for me.

We have to walk about 1/4 mile to the mailboxes and only check about once a week. I’d be happy with reducing the delivery and the number of postal workers along with the associated payroll.

Were they even considered deliveries when they pretend to attempt to deliver then just leave a notice telling you to come pick it up lol

Cut $750 million from CBC and cover Canada Post.

Corporate lied about not being able to deliver packages before Christmas and lost business. Why do they deserve large bonuses they recently got. I bet that is the 780 million dollar debt.

People pay the bills online. Electronic billinge and payment will be the future. That is the reason why the amount of mail sent and delivered plummeted by 50%.

In a release from the canadian union of postal workers they stated that "We've been bargaining with CPC since November 2023. During our meetings, CUPW negotiators asked Canada Post directly if it had any plans or thoughts of implementing alternate-day delivery and their answer was a resounding no." This is nothing but a play to find out if canadians, under a ruse of losses (investments), are willing to cut back their postal services.

Mails are necessary

I m from europe(czech rep.) Before coming to Canada I used to work over 10 years for czech post as a delivery person. Same thing happened there. First tons of flyers instead of letters. Every postperson used to have 1 dedicated route. They changed that they got 2 routes. One day one route next day other route,so deluvery person was coming every second day. Now they changed that again. Now they have 3 routes,thats mean they show up every 3 days. My friends are goung crazy because remember and deal with 3000plus families,mailboxes..etc..and of course customers not happy as well if you are expecting something and its not coming

Three days a week would be plenty enough.

$1.15 for a stamp while it's .68 in US and the idiots still can't make a profit!

I'm a senior and in a wheelchair and it is only delivered once a week to me anyway. So, once a week is poor service but better than no service.

In my area ,the father, postal worker retired only if the daughter gets the job.Daughter can’t deliver one letter without a mixup .Neighbors are sorting up the delivered mail,parcels and deliver it to the right address .We need more incompetent workers like her to loose more money.

We get doctor referrals, appointments etc via mail. No reason to rush, right?

I work for Canada post as an on call mail delivery person. Haven’t gotten a call in nearly 3 months now. If they’re concerned about mail not being delivered; why am I not getting called for work!? Yes, the digital age where everything is digital has a hand in this, but there is still a lot of physical mail, letters, parcels, and packages, which gets delivered regardless of digital checks and bills. Meanwhile Amazon employees work 7 days a week. And their employee turnover rates are far higher than Canada Post.

No more junk mail

Aside from price controls over stamps for letters and parcels, there is no excuse for Canada Post's awful performance. Competitor parcel delivery companies like Amazon Logistics, DHL Express Canada, FedEx Canada and UPS Canada offer seven-day-a-week delivery nationally. I don't see rotating strikes by workers in their competitor organizations. And I'm wondering why the Trudeau government won't divest its shareholding in this costly and ineffective albatross of a state enterprise.

I worked summers in the post office when I was in college. I find it shocking that an organisation that was designed to carry and deliver over 95% of all postage and parcels in Canada has evolved so little in the face of competition. Letter traffic has dwindled to a pathetic trickle since email and texting. Parcel deliver has been championed by the courier companies. The Post Office actually thought that delivery flyers and other useless nonsense would bolster their bottom line. The Post Office needs to compete with couriers if it is to survive. With all of it real estate and assets being paid for by the public I really do not understand why that is as great a challenge as it is when facing for profit private companies.

maybe sell Purolator now ?

No! Don’t do that!

I mailed a package to Alberta from Newbrunswick. The parcel went from Dieppe to Montreal and back 5 times before it was finally delivered. How often does this happen now? Also was inundated with spam texts regarding said package

Im a GenX and i only check my common mailbox once a month. And the junk mail should be banned, totally useless. I literally take all the junk mail and flyers and put them in my recycle bin.

As a young entrepreneur I require to receive my packages as soon as possible to meet deadlines. Not good not good.

Canada Post needs to charge corporations a fair rate. Companies get bulk discounts which provide them almost free shipping while the end customer gets hosed, both in personal mail rates and with the fact that the companies that get the discounts don't charge the customer the lower rate but rather the full rate as extra profit

I'm looking forward to this!! I'm sure the mailman will be happy with this, as I check my mail barely once a month.

We don't have mail on Sundays already and it's not an issue... why not reduce it to 3 times a week... I mean if the letter is urgent, the sender would use an Express postage anyways so... we should be doing away with letters anyways... less paper, less chances of it getting lost... Why hold on to things just for old people, it's keeping us from progressing as a society.

EVery Negotiations here comes the propoganda and spin from management

How can they not loss money, is too expensive to mail anything.

TBH, most of the stuff delivered goes right into the recycling box. All my bills are monthly auto payments from my bank. I don't remember the last time I mailed a letter.

I had mail forwarding and never received hardly any of it and Canada Post didn’t know why 😂

I don't mind getting my mails 3 times a week. But they have to stopped losing my mails from time to time. Even legal matter mails!!!

We don't have daily mail delivery as it is.

They're extremely too heavy. Start up there for cuts

Perhaps if they delivered their packages to condos and apartments rather than leave a notice to go pick it up and not even attempt to deliver they would not be seeing losses. The government can mandate they actually deliver.

There are still many things that have come by mail credit cards, Medicare cards ,

PM Harper had CP in a surplus position before Lustin' decided to make the easy decision and cave to those who live in the 1950s. This deficit is completely on his shoulders and is one of the endless things that Pierre will need to waste time addressing once he takes office. But I do thank CTV for allowing comments as our Taxpayer-funded Conservative Bashing Corporation doesn't want to know what Canadians think. Ever ...

We need mail twice a week max and there should be no more home delivery. If the financial reality of the situation is that they either cut back or discontinue operations altogether, then they should make the cuts. I'm sorry some old people will lose a friend in their mail carrier, but change is an inevitable part of life.

I drove 4 miles to get my mail when I lived in the country. As a city dweller my mail comes to my door 3 times a week, plenty.

Yes twice a week would be enough and also no mail carriers, super mail boxes only nation wide

Its a shame we are comming to this why doesnt the government step in. We need our mail .

we check our mail every day, this would be a very bad move.

Those guys are going to go "Postal" Look out everyone !!

I only need mail delivery once a week

It Downhill after they did away relay boxes & gave everybody a truck. Wasted 💰

Mail is what u are looking for Canada post its a Sentral service..2024. We all Canadians need are mail .

They should consider delivering more amazon

Hmmm... Funny amazon sends thing directly to my house. But Canada post makes me go to a superbox

they aren't delivering every day anyway, only a couple of times a week where I live - unless it is a parcel

I only get mail 1-2 times a week anyway. That started a few years back.

They went on strike in the past.

People sometimes get their medications in the mail,you eliminate daily mail,you're directly responsible for any deaths you incur

So I won’t get the wrong mail 20 percent of the time daily anymore? Gives me exercise putting it back into the mailbox to send it to the correct house. Maybe it is a make work product for Canada Post!!????

Oh no ! How will I get my Burger King coupons and real estate ads?

I get 2 real letters a month. The rest is flyers.

I'd be ok with non-daily mail delivery. I don't check the mail everyday anyway.

Chaotic Country.

Amen 🙏. No more junk mail. 🙌 Canada Post has too many lazy workers too.

This company has 21 Vice presidents. Think about it.

Don't let that one kid sway your opinion, most of us check our mail delivery everyday

letter carriers only work till their mail is delivered, so if takes 4 hours then they are done and get paid for an 8 hour day...how is this logicial.... only job where 4 hours work= 8 hours paid.. and bonus's 4 failure is not acceptable

why is the service so bad? why do I have to go 3 k to my mail box why is Canada post so expensive. I hate using Amazon but most delivery's are free. Years of over paid staff, undeserved executive bonuses over generous pensions and poor working practises. UK mail has improved since it was sold off. 1 from South of UK to Scotland 3 days for similar in Canada.

I check my mail even less than once a month. All I get is flyers and ads I just throw out without even looking at. It's a huge waste of paper and gas delivering this waste everywhere. I'm glad they're stopping this. Stop living in the past n pay your bills online. It's faster and doesn't waste paper. Get with the times ppl.