Most of these things would be easily solved by postal banking!
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Great idea in theory, but imagine, in addition to paper billing, having to rely on more financial transactions go through an organization known to be unreliable from their frequent strikes. People who rely on paper cheques & bills have already been put through a lot.
There's about 3 boomers that would do this. I don't get the hardon for postal banking in todays world.
Which only works if the post office management can keep the place working properly and not constantly antagonize the workers.
If only Joel Lightbound and the C-suite of Canada Post knew that! Alas, they're incompetent and taking the easy way out of simply slashing services and layoffs instead of expanding goods and services to attempt to fill up the gap. Enshittification anyone? Liberals have become Con-lite and just drags out the timeline towards total privatization.
Even the new budget caters towards the private sector. Gee, without a good competitive Canada Post that delivers to all Canadians, small businesses are arguably less competitive now compared to companies that are paying for private delivery services. The Liberals can't have it both ways saying they back businesses while slashing the services that these businesses may use to be competitive relative to mega-cap companies.
Canada on a whole from the federal level down to the municipal level is anti-business. Starting up a business often requires a deep pocket with red tape every step of the way. If the Liberals want to really galvanize collective action from Canadians, they need to be providing business centric services that are easy to access, affordable and competitive. Where's the business starter kit from the government? Oh wait, there isn't one. Better spend a few grand and loads of time on a business degree huh?
Canada on a whole from the federal level down to the municipal level is anti-business. Starting up a business often requires a deep pocket with red tape every step of the way. If the Liberals want to really galvanize collective action from Canadians, they need to be providing business centric services that are easy to access, affordable and competitive. Where’s the business starter kit from the government? Oh wait, there isn’t one. Better spend a few grand and loads of time on a business degree huh?
That's cause Canada's inherent nature to protect the duopolies that have developed. We have to protect these large national companies cause if they leave; the economy and services to Canadians will suffer.
Would it suck at first? Yes however new companies will rush into the market to take advantage of the market conditions.
Lol...leave? Leaving billions on the table overnight? Yeah, I would call the duopoly's bluff. You said it yourself, someone else will fill the void to take advantage of market conditions and provide the good/service that was there before. It just means Liberals and Cons lean corporate heavy.
Canada Post rested on its laurels for far too long and did not manage to make any big headways to improve from the management level - they like to keep blaming the government mandate - what a scapegoat. Their management needs a hard look. Our public dollars are being wasted on these people because they can't even think beyond just mail/parcel services.
To be fair, Canada Post Corporation Act does heavily limit Canada Post's ability to think of different ways to generate revenue.
5 (1) The objects of the Corporation are
(a) to establish and operate a postal service for the collection, transmission and delivery of messages, information, funds and goods both within Canada and between Canada and places outside Canada;
(b) to manufacture and provide such products and to provide such services as are, in the opinion of the Corporation, necessary or incidental to the postal service provided by the Corporation; and
( c) to provide to or on behalf of departments and agencies of, and corporations owned, controlled or operated by, the Government of Canada or any provincial, regional or municipal government in Canada or to any person services that, in the opinion of the Corporation, are capable of being conveniently provided in the course of carrying out the other objects of the Corporation.
Canada Post should be lobbying for a greater mandate such as a postal banking, a lost cost ISP provider, etc. It's definitely the fault of politicians not to change the mandate of Canada Post.
Now excuse my ignorance here, but does the act actually say they explicitly can't generate revenue outside of its mandate? From a cursory search I do not believe so. Which then they cannot reasonably claim they couldn't. The Liberals knew Canada Post was in trouble during 2020, and now they've thrown a 37 year old minister at the problem? I'm in the same age range and it seems like all he can come up with is read the spreadsheets and decide to slash services because they're 'insolvent' and losing 10 million a day after giving it 1 billion to 'fix' their issues. I'm sorry, but they've tried nothing but throw money at it and are already out of ideas. I mean what's the Canadian government going to do if Canada Post goes out of its way to generate more revenue to keep it in the black? How is that in any way 'bad' if its benefits Canadians as a whole?
Canada Post's union has been trying to tell its management there are other ways to generate revenue (I do not think they've publicly said how yet) but it's C-suite is bullheaded from what I can tell. Hired to run the company, but not hired to do extraordinary work despite a 500k / year salary CEO. Their management should be on the hook more than the union and the rest of us Canadians paying for this so called 'essential' service.