Post #1857271

2026-03-20 20:30 UTC

@Centretowner @kevinbowrin As a crown corporation, Canada Post is meant to break even. I guess Carney is pulling their entire safety net away and they’re going to have to come up with $2 BILLION in revenue (or service cuts). Wild. #cdnPoli

Replies (2)

@SheamusPatt@mstdn.ca 2026-03-20 20:43

@samnabi @Centretowner @kevinbowrin No doubt they will be expected to fix their budget issues without expanding services into, say, Postal Banking. We can't have "unfair" competition for big banks that have been abandoning small communities for decades, after all. https://rabble.ca/columnists/postal-banking-once-made-canada-post-profitable-and-could-again/ #cdnpoli

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@Amgine@mamot.fr 2026-03-21 00:36

@samnabi @Centretowner @kevinbowrin wait, wut? NO! A crown corporation exists to provide a service **for which there is no viable profit motivation.** If we need or want packages delivered for free, we make a CC to do it. If we need delivery service for a small fee, smaller than the cost + profit margin required by private investment,, we make a CC to do it. Revenue has nothing to do with it. That's just conservative propaganda.

Open ##1857273