Canada Post

[Merry]

Here's the answer:

Please note that an email containing misinformation regarding discrepancies in pricing between corporate Canada Post outlets and private postal outlets is currently circulating on the internet. This email is incorrect. Our customer's experience should be the same no matter where he or she chooses to shop.
All of our 6,000 automated post offices, corporate or dealer use the same Retail point-of-sale system software and corporate rating engine. Therefore they all charge the same rate for the same identical service.
Dealers cannot charge a higher rate for a postal service, as the system will not permit it and contractually they would be in default.

https://www.canadapost.ca/cpo/mc/aboutu ... ricing.jsf

[twobits]

I heard today that if you mail a parcel from a "sub contractor", like Shoppers, etc. they can and most do charge you more than if you took it directly to Canada Post...........going to have to check it out......

There is no money to be made in having one of these postal outlets. And I do not believe they are able to charge any kind of premium......at least they were not before and something has changed. I know a business proprietor that had one of these locations and gave it up. CP's demands were onerous with everything from the look of the counter to the requirement of staff dedicated to nothing but postal activities. No other staff could sell a stamp or fetch a parcel for a customer. Likewise, the postal employee could not do anything in the store not related to the postal outlet.
The only reason people take these outlets on is for the foot traffic they bring into the store in the hopes they will buy something else when they are there. Lottery tickets....same thing.....5% margin for mountains of paperwork and daily inventory audits.

[GrooveTunes]

http://www.fincanadian.com/banking-news/33-banking-services-to-be-provided-by-canada-post.html

Banking Services to Be Provided by Canada Post
29 April 29 2014
The problem of the postal services in Canada is rather high as Canadian post employers are in expectation of deep cuts in volumes and the salaries.
That is why the lobbies of the Canadian post services started to introduce the intention to attract money by the postal services by providing them a chance to banking. The thing is that this services ended in 1969 and with the revival of this services, the postal services could earn more money and to become able to cover the associated expenses.

The bank postal services were rather demanded but to concentration of all the services in the financial institutions, the services are limited and then disappeared at all. At the same time, the postal offices that are open in all the provinces of Canada can be a good way to attract a lot of customers to use the financial services. Besides, the banking services of the postal services are not the only tool to use as they can easily distribute the services on insurance, checking accounts and savings deposits. The number of postal offices counts about thousands and any one can imagine the volume of sales the postal offices can reach.

Every financial institution would be happy to have such a great and well developed distribution network. Besides, the idea of providing the financial services by Canadian postal services is supported by the labor union and the management considers that the company can generate the profits that could cover the expenses on the existing if the services and it will not be a problem with looking for money to repay the salaries to the postal service employees.

At the same time, the financial issues of the postal services in Canada made the organization to cease the services called “door-to-door” as the demand for the services is really low and it is too money consuming for the Canadian Post as the income is rather low. It is a rather good idea to become more financially independent and the company will not need to ask the local authorities for the needed funding. Besides, the profitability of this idea can be great as well and the postal services will have a chance to bring the funds into the local budget of any Canadian profit.

Besides, according to the report of the financial experts, the financial services provided by the postal service can be demanded by low income Canadians who cannot get the financial support from the banks and whose demands are not high. The postal services in Canada are represented by 55,000 workers that can earn money for their living without the help of the authorities and the recent conference that took place in Ottawa demonstrated the great wish of the postal service to live and to earn.

[GrooveTunes]

https://finance.yahoo.com/news/canadians-no-privatizing-canada-post-120000220.html

[GrooveTunes]

The "numbers" are out. Canada Post has released their 2013 annual report and have achieved their goal of being able to report a loss

http://www.canadapost.ca/cpo/mc/aboutus/corporate/annualreport.jsf

[alfred2]

canada post offers a service such as it is.*removed*

[goatboy]

*removed*

[hobbyguy]

For reference and scale, Lufthansa reported a quarterly loss of 252 million Euros = about $388 million for a quarter, and that was an improvement.

Every business has periods of struggle, especially when the market shifts.

Canada Post and CBC both provide valuable service to Canada and Canadians. It is in the "interest of Canada and Canadians" to maintain them as viable organizations.

So Phfft to you bashers.

[alfred2]

*removed*

[ferri]

*stay on topic please! thanks!*

[alfred2]

*removed*

[maryjane48]

*removed*

[alfred2]

*removed*

[GrooveTunes]

http://www.cbc.ca/thesundayedition/features/2014/05/07/deepak-chopra/

[hobbyguy]

Some suspect that the Harper government would like to privatize (corporatize) Canada Post.

This article about the privatization of the profitable part of the Royal Mail service is instructive: http://www.bbc.com/news/business-28250963

"Taxpayers may have lost out on around £1bn from the undervaluing of Royal Mail, a committee of MPs has said"

"External adviser Lazard, plus coordinators UBS and Goldman Sachs, "failed to gauge demand at higher price levels and didn't give appropriate consideration to maximising value for money for the taxpayer," the committee said."

"Royal Mail shares were priced at 330p, but jumped as high as 618p per share, and now stand around 473p." - Question on that one from me: if Royal Mail was such a bad deal for the taxpayer, why did investors "pile" in and drive the share price to almost double, and that share price is still holding at a high level? Do investors think Royal Mail is a bad deal and so buy the shares???

"The committee also expressed concern about so-called preferred investors who received large blocks of shares, prior to the flotation.

Some were also advisers to the government over the share sale."

And that is what the privatization is/was really all about - an opportunity for the "sharks" to make some quick money.

"Ian Murray MP, Labour's shadow minister for trade and industry, said: "Ministers pressed ahead with their unnecessary and botched fire sale of Royal Mail, despite widespread opposition and warnings."

Hmmm...I can see that happening here too, especially after Chopra finishes deliberately messing up Canada Post.

More on this: http://www.theguardian.com/commentisfree/2014/apr/01/royal-mail-privatisation-taxpayer-loser
and: http://www.globalresearch.ca/privatization-of-uks-royal-mail-goldman-sachs-gave-priority-investor-status-to-17-institutions/5379871

"But most investors, whether big or small, went away empty-handed because the float was oversubscribed 23 times."

"Some 17 institutions were given “priority investor status” by Goldman Sachs and UBS the Royal Mail’s global co-ordinators (GloCos). These 17 institutions, in Vince Cable’s words were “the high quality institutions of the type that would form the core of a long-term supportive investor base.”"

"Priority investors committed to buying Royal Mail at 250p – 80p below the offer price..."

So the average Adrian in Britain tries to buy shares at 330p, and is turned away, but meanwhile, the likes of Blackrock, Fidelity, Och-Ziff, and the Kuwait Investment Authority get to soak up all the available shares at a discount price of 250p - which then they then flipped a couple of weeks later for 570p.

Sounds like racketeering to me.