Major changes are on the horizon for Canada Post, which has been deemed “insolvent” and is currently losing approximately $10 million per day, Ottawa says.
The federal government is directing Canada Post to transition from door-to-door delivery to community mailboxes for four million additional addresses, Minister of Government Transformation, Public Works and Procurement Joël Lightbound said during a Sept. 25 press conference.
The Crown agency is also being asked to restructure rural deliveries and shift non-urgent mail from air to ground, Lightbound said.
“Canada Post is facing an existential crisis. We need to respond,” he said. “I know that Canadians care about the future of Canada Post.”…