Canada Post - Huge losses

nobbie48 said:
I don't wish ill on anyone, but I also don't want it dumped on me by me having to prop up lost causes. A 748-million-dollar loss is $18 each for every man, woman and child in Canada. Do the math. Follow the money.
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The rallying cry is a common one. "This is a service not a business and services cost money and should not have to break even". Sounds slightly reasonable on the surface but holy crap is that ever a ridiculous concept when applied in black and white. If the service is grossly oversized/overly expensive for what we require, you need to fix that not just throw infinite money at it and let the budget balance itself.

If CUPW really thinks CP is a valuable service, they should encourage CP to let the prices rise to roughly cover the costs. Within a year, it will be all over.
 
GreyGhost said:
The rallying cry is a common one. "This is a service not a business and services cost money and should not have to break even". Sounds slightly reasonable on the surface but holy crap is that ever a ridiculous concept when applied in black and white. If the service is grossly oversized/overly expensive for what we require, you need to fix that not just throw infinite money at it and let the budget balance itself.

If CUPW really thinks CP is a valuable service, they should encourage CP to let the prices rise to roughly cover the costs. Within a year, it will be all over.
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The solutions isn’t raising prices, that’s a death march. CPC needs to match efficiencies with their competition as they did prior to 2015 - in the many years they delivered a dividend back to the public.

Mail delivery in Canada is a government-provided privilege and service, not a guaranteed or constitutional right. Gov can do with it as they see fit, including shutting her down.
 
Mad Mike said:
The solutions isn’t raising prices, that’s a death march. CPC needs to match efficiencies with their competition as they did prior to 2015 - in the many years they delivered a dividend back to the public.

Mail delivery in Canada is a government-provided privilege and service, not a guaranteed or constitutional right. Gov can do with it as they see fit, including shutting her down.
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I know that and you know that but the union is continuing on with insisting that head count must remain constant and salaries must increase. If they can't get the message that they are pointing the gun at their head, let them pull the trigger.
 
GreyGhost said:
I know that and you know that but the union is continuing on with insisting that head count must remain constant and salaries must increase. If they can't get the message that they are pointing the gun at their head, let them pull the trigger.
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CUPW is in for a rude awakening. Every day they posture and delay will cost them something - I can’t see CPC budging another inch, I can see them continuing to take things off the table after each offer is turned down.

The Oct 3 update took a lot of stuff off the table:
  1. Removed signing bonuses that historically are given at time of ratification.
  2. guaranteed job security gone, “workforce adjustment” (RIF) terms introduced
  3. Committed to move to 100% community mailboxes
  4. Eliminated most OT opportunities for full timers by expanding PT and weekend worker headcount.
  5. Removed contractual protection against closing about 500 post office locations
CPC is signalling a major bloodletting is on the horizon.

Wonder how the union bosses are sleeping these days?
 
Mad Mike said:
CUPW is in for a rude awakening. Every day they posture and delay will cost them something - I can’t see CPC budging another inch, I can see them continuing to take things off the table after each offer is turned down.

The Oct 3 update took a lot of stuff off the table:
  1. Removed signing bonuses that historically are given at time of ratification.
  2. guaranteed job security gone, “workforce adjustment” (RIF) terms introduced
  3. Committed to move to 100% community mailboxes
  4. Eliminated most OT opportunities for full timers by expanding PT and weekend worker headcount.
  5. Removed contractual protection against closing about 500 post office locations
CPC is signalling a major bloodletting is on the horizon.

Wonder how the union bosses are sleeping these days?
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I wonder how long is required between offers? Like the dutch auction, maybe CP should send CUPW an offer every x days that is worse than the previous offer. CUPW can decide when to sign or ride it right into the ground.
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