I live in Westboro, was converted to CMB last year and wouldn't have it any other way. I love it and go out of my way to order online with Canada Post delivery (due to the large locked boxes for parcels).
Infinitely better than heading off to some hardware store for my courier pickup.
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Originally Posted by 1overcosc
For once I actually agree with the NDP; postal banking is something that should have been considered. It wouldn't make much profit but it could provide a very useful financial service to groups like on-reserve aboriginals and the urban working poor, both of whom are poorly served by the existing financial system. In particular postal banking could be a powerful weapon against legal loansharks payday loan stores.
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Well there may be some validity to this point... it sounds like an incredibly niche service and not something that will go a long way to saving CUPW.
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Originally Posted by 1overcosc
As for the pension crisis an elegant solution would be to merge the Canada Post pension plan into the standard public service pension plan. The public service plan is well funded and it could easily absorb the postal plan's shortfalls.
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ELEGANT???? This has to be one of the silliest suggestions ever typed.
Canada will slowly discover that the DB plans of the Federal Govt are anything but sustainable. Every Public Sector government on the planet is slowly waking up to the fact a DB Pension train wreck is coming faster than "climate change".
The point of Crown Corporations is to operate at a financially sustainable basis, at arms length.
If you are seriously suggesting the Feds "absorb" CPs pension obligations, then I humbly suggest that the Feds absorb the unfunded retirements of private sector employees and provide them DB pensions too. why not?? if they are so sustainable
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Originally Posted by 1overcosc
If we are going to go down the reduced-service route, I'd prefer reducing the frequency of delivery to 4 times a day over eliminating door-to-door delivery.
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Actually, parcel delivery is the future of CP. CUPW is actively blocking the desire of CP to provide 7 day delivery during the holiday season.
Complete the conversion to CMBs!! Try it... you'll like it
and 7 day delivery at certain times of the year... but unfortunately CUPW is stuck in the 1950s and determined to drag CP down with it.
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