To those who claim CP was "never meant to be profitable"

Canada Post was established as a Crown corporation in 1981 under the Canada Post Corporation Act, with an explicit mandate to be self-sustaining financially and generate enough revenue to cover costs without relying on government subsidies WHILE providing universal postal service to all Canadians.

Per Wikipedia:

By 1989, Canada Post had resolved much of its financial troubles, reporting its first profit since 1957.^([20]) It continued to operate at a consistent profit from 1995 to 2010.^([21])

It's time to stop pretending Canada Post was always meant to operate on life support.

Posted Oct 6, 2025, 7:13 PM UTC

7945
Loading comments…