Canada

So would you prioritize this over better cancer care in remote communities for example? Or an ability to get drugs cheaply? Because we are in the B range here, think about reallocating that money. Canada post can't run itself effectively, without burning mass amounts of cash. That much has been proven. They are making claims that they are effectively insolvent.

I've lived in an nothern remote community before, I know what it's like, very intimately. But there was a difference there, no one was getting cancer drugs through Canada Post, as they didn't have the infrastructure. It was cheaper to use Canada Post, sure, but it was also weeks out. If you needed stuff faster, it had a cost, because it literally had a pretty big cost to get there. The remote areas pay a heavy price for shopping and cargo, end of sentence. Now should this cost be subsidized? I could argue yes or no, both sides. But this isn't what is burning the amounts of money that they are, because Canada Post doesn't focus a lot of resources up there either.

You need to really dig into the books to see where the cash is going, but I think it would cause pause for most. There's been a lot of failed projects over the years, they tried to basically create their own Amazon like marketplace for example, and they burned a tremendous amount of capital doing so. That shouldn't have ever been allowed to happen. They run a lot of mind numbing hours and resources in communities where it's clearly going to waste, but are leaving other communities largely in the lurch, and where such human capital allocations would be better served.

Am I suggesting the elimination of mail service? Not necessarily. Does it need to come every day though? Should there be more boxes and centralized pickup spots, to realize some savings? Why are they in the parcel business, where they are literally competing with..themselves? (Canada post has an almost whole ownership of Purolator - which is profitable). So if they want to do parcels, why not sell that ownership off and reallocate that capital? Or maybe leave the parcels for Purolator, and extend some price controls.

There's a lot that needs examined in this crown corp, and I for one am not really a fan of them just continuing to throw capital at it, where they have shown time and time again they can burn through it at a stupid fast rate, on some contra-intuitive projects.

The fact of the matter is, their junk mail production is the only thing keeping the lights on. That's not an effective use of Canadian taxpayer capital. So how do we fix this then? Does it really make me such a bad person to question this?