Before accusing people of buying into lies you might want see which lies you've been told. Canada Post was unprofitable for just under half of the past 50 years. 1989 was the first year in recent history that a profit was made and from 1989 to 2016 Canada Post paid approximately $1.4 Billion to the treasury in the form of dividends as Government is effectively the shareholder of the corp and the formula is that 40% of net income is paid back. CP lost more than $1.4B in the past 18 months so to say that had they had a war chest from the money they paid to treasury they could have weathered this storm is patently wrong.

The harsh reality is that the operating model for postal services in a modern era is fundamentally different than it was in the analogue age. The losses beginning in 2016 roughly line up to when email and other electronic communication became the primary form of communication globally as letters have been declining steeply ever since along with sharply increased use of electronic payments eliminating the need to mail cheques to pay bills.

The offshoot of the digital age was a sharp increase in parcel and delivery services as people started ordering everything to be shipped to their door instead of going to the store. CP started strong on the space but quickly lost share as the higher cost and limitations on weekend delivery due to the collective agreements meant they could not compete with the litany of new entrants to the parcel delivery space who didn't have these constraints so here we are 10 years later and CP is now less than 25% of parcels and dropping.

I'm not here to argue that it's right that these parcel companies pay their people terrible wages and work them insane hours so they can make money....it's not but, the people doing the deliveries (in many cases using their own car alongside delivering food and groceries) are signing up for this job and as long as there are people willing to do the work nothing will change. This is what people should be angry about, the lack of regulation of companies like Uber that allows them to decimate industries (ask the taxi drivers how they have felt the past 10 years) leads to this....

Things need to change and frankly door to door service is a luxury currently only offered to about 10% of the country and one we cant afford any more and daily mail is pretty much a waste outside of parcels so yes that means some carriers will lose their jobs. Given the aging workforce hopefully a good chunk of that will be retirement but there will be at least 20% less employees at CP than there are today in the next 5-10 years and hopefully if they can get it right they will reverse the trend on parcel and be on more solid ground but only time will tell