OUR VIEW: Times continue to change

We say: Canada Post yet another institution hit by the Internet

Canada Post’s decision to do away with door-to-door delivery in urban areas is anything but a surprise.

Canada Post is only the latest in a long line of institutions caught in the revolution that is the Internet.

While the postal-workers’ union continues to point to the 2012 profit realized by Canada Post, it often neglects to add the fine print found in Canada Post’s 2012 annual report.

Yes, Canada Post’s report notes a $127 million profit — but it points out clearly that profit would have been a $25-million loss had reductions in sick leave and post-retirement health benefits not been agreed to in the union contract.

And, it adds, those reductions were one-time realizations, not recurring. In fact, the future looks bleak, with the Conference Board of Canada predicting Canada Post will lose $1 billion each year by 2020.

Even with this week’s dramatic decision, the Conference Board estimates annual losses of about $500 million per year by 2020.

Mail delivery is not a growth industry and the continual decrease in revenue and mail sent highlights that fact.

If this is indeed “an opportunity for the Conservatives to take a leadership role in the extinguishing of union jobs,” as claimed by Kamloops Labour Council president Peter Kerek, and if there is indeed money to be made on the existing Canada Post model, surely a private company will step into the breach and realize the profit.

As we do with that long-lost letter from afar, we suspect we will all be waiting in vain for such a company to fill the door-to-door role being vacated by the Crown corporation.

– Black Press

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

RCMP
RCMP know of witnesses to Oct. 15 attack; want them to come forward

Appeal made to their ‘sense of right and wrong’

BC ELECTION
Liberal and NDP leaders’ election tours swing through North Island

Wilkinson holds forestry rally and Horgan talks wild salmon

MARS Wildlife Hospital just got approval for a new ambassador bird. They are hoping the community will help come up with a name for the bird, currently known as Barred Owl 783. Here, Barred Owl 783 stretches their wings as they’re accompanied by MARS President Warren Warttig on Oct. 11, 2020. Photo by Marissa Tiel – Campbell River Mirror
Hoot, hoot: MARS Wildlife Centre looks for name for new ambassador bird

Barred Owl 783 came to the wildlife centre after crashing into a window last fall

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

FILE – Provincial health officer Dr. Bonnie Henry answers questions during a press conference to update on the province’s fall pandemic preparedness plan from the press theatre at Legislature in Victoria, Wednesday, Sept. 9, 2020. THE CANADIAN PRESS/Chad Hipolito
B.C. sees record-breaking daily COVID infections with 499 new cases over weekend

Two people, both in the Lower Mainland, died due to the virus over the weekend

A passer-by walks past a COVID-19 testing clinic in Montreal, Friday, Oct. 16, 2020. THE CANADIAN PRESS/Ryan Remiorz
Canada ‘yet to see’ deaths due to recent COVID surge as cases hit 200,000

Much of the increase in case numbers can be attributed to Ontario and Quebec

Police confirm human remains were found in a recycling bin in Vancouver on Oct. 18, 2020. (Black Press Media file photo)
Human remains found in recycling bin floating near Vancouver beach

Police asking nearby residents to see if their recycling bin has gone missing

(File photo)
RCMP: Two men face charges in reported Parksville fatal hit-and-run

Investigation into man’s death began in August of 2019

B.C. Liberal leader Andrew Wilkinson visits a North Vancouver daycare to announce his party’s election promises for child care, Oct. 9, 2020. (B.C. Liberal Party video)
B.C. parties pitch costly child care programs in pandemic

B.C. Liberals say they’ll deliver on NDP’s $10-a-day promise for lower-income families

Most Read