A report on Canada Post’s Defined Benefits pension plan and how it has become the number one issue to the company’s future survival. A look into the problems, challenges and solutions within the most difficult times in the history of Canada Post.
Continue reading “The Canada Post Pension Plan: the Elephant in the Room”Tag: canada post
A Review of Canada Post’s Five Point Plan
Canada Post’s Five Point Action Plan is the second iteration of the modern post business plan. The first version, which started in 2008, was unsuccessful and this new one adds the elimination of door-to-door delivery to bring it back to profitability.
This is not the typical business blueprint for future growth. It is a survival plan.
The Five Point Action Plan available at Canada Post’s website has no author, nor any endorsements by any leading corporate or government figures. Nobody, including the president of Canada Post, wants to take direct ownership for this document.
Continue reading “A Review of Canada Post’s Five Point Plan”A Look into the Canada Post Corporation Act
The Canada Post Operation Act (R.S.C., 1985, c. C-10) and how it relates to the contemporary affairs of the Canadian Post Office.
It is puzzling that the Universal Service Obligation is omitted in the Act but clearly defined in the Canadian Postal Service Charter. The Charter states that delivery cost is to be uniform across Canada and is to be five days a week — though Lisa Raitt, the Minister of Transport, has suggested that delivery days is under review and may be reduced.(1)
Continue reading “A Look into the Canada Post Corporation Act”How Canada Post can Save a Bundle
How a slight shift in ideology could save Canada Post over $18 million annually, and win the respect of its network of letter carriers across Canada.
Canada Post, since the fall of 2011, has been introducing new equipment, buildings, and delivery methods to its national distribution network.
One of the most controversial, and least cost-effective strategies is the two-bundle system. This idea was borrowed from the United States Postal Service where its letter carriers have been using this system for years. However, this name is a misnomer for Canadian Letter carriers because they are required to deliver flyers to a third of their routes every day. So it is actually a three-bundle system. Today, sorting and consolidating mail into a one bundle system at their workstations is not permitted, and can potentially lead to a suspension.
Continue reading “How Canada Post can Save a Bundle”Canada Post and Profits: 2004–2011
A closer look at Canada Post’s Annual reports on profits from 2004–2011.
Canada Post, the media, the Canadian Union of Postal Workers, and parliamentarians of every political affiliation, have emphasized Canada Post had a 16 year run of profits until the stated loss in 2011. Is this correct?
The results from 1995 to 2003 are hard to assess and cannot be easily reconciled, but from 2004 onwards the reports are more conclusive. Therefore the more reasonable question is, what do the records show since 2004?
Continue reading “Canada Post and Profits: 2004–2011”