09-26-2025, 10:53 AM
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#13899
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Willing to sell body for a few minutes on RS
Join Date: Feb 2010
Location: Vancouver
Posts: 10,692
Thanked 4,484 Times in 2,232 Posts
Failed 699 Times in 223 Posts
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Quote:
Originally Posted by westopher
I will pretty much always side with the worker, but at this point, what can the union expect to get. Job security and more money for more people with less work to do eventually just can’t exist.
Every time this happens more and more people and companies find a way to replace the service with something else, and it’s only getting worse and worse. There is essentially no possible way the majority of these jobs will continue to exist, and the union is constantly dwindling any bargaining power they had left.
They have really let down their workers with their tactics and everyone is going to suffer from it.
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100 percent. Speaking of job ceasing to exist, Canada Post is in an existential crisis now. CP is bleeding money because there are fewer letters being delivered every year compared to twenty years ago. If management and the union leaders don't work together to think of how CP can transform and adapt its business model, the losses will continue to be grow every year for CP.
https://www.canada.ca/en/public-serv...formation.html
At the same time, Canada Post is now facing an existential crisis. Since 2018, the corporation has accumulated more than $5 billion in losses. In 2024 alone, it lost over $1 billion, and in 2025, it is already on track to lose close to $1.5 billion. Earlier this year, the federal government provided a $1-billion injection to keep the corporation operational. In the second quarter of 2025, Canada Post posted its worst quarterly results ever, losing $407 million. Today, the corporation is losing approximately $10 million every day.
Twenty years ago, Canada Post delivered 5.5 billion letters annually. Today, it delivers only 2 billion, even as the number of households has grown. That means fewer letters are being delivered to more addresses, while fixed costs remain high. At the same time, parcels volumes — which should have been Canada Post’s growth opportunity — have declined. In 2019, Canada Post delivered 62% of parcels in Canada; today, its market share has dropped below 24%, with private competitors taking the lead. Structural challenges, combined with outdated restrictions and stalled negotiations between labour and management, have further limited the corporation’s ability to adapt.
This situation is unsustainable. Canada Post is effectively insolvent, and repeated bailouts are not a long-term solution. Transformation is required to ensure the survival of Canada Post and protect the services Canadians rely on.
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Go Canucks go!
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