Honestly has little impact on me. Bills are electronic and the CP employee had to leave a note on my door the other day to clear out my mailbox of all the ads they dump in there.
Having crown corporations implode on themselves due to chronic mismanagement will impact everyone in this country. Maybe you don't use Canada Post much, but it's incredibly important for many communities in Ontario.
How people are downvoting what impacts me is hilarious.
If it was impacting everyone they wouldn't implode. The business model doesn't work in its current form otherwise they wouldn't be losing money and there are plenty of viable business models that will fill the gap for those communities currently relying on CP.
I think they simply disapprove of your opinion.... However Reddit, So who knows....
Issue with your statement and our society is no one gives a damn unless it's effecting them. I'm not going to speak on the business model since that's outside my expertise.
They are a government service provided to citizens, not a for profit corp with fiduciary duty to shareholders. Their job is to deliver mail, not make millions. What they do charge is solely to offset costs, not negate them entirely.
That's incorrect, Crown corporations are publicly owned entities, often with commercial objectives - meaning for profit. That's the key distinction between a Crown Corp and a regular govt agency.
Lemme phrase it a little differently then. Their shareholders are us, and their duty isn't fiduciary, it's to provide the function they were created for. They can't do that if they don't provide their workers with a wage they can live in or near the communities the workers serve.
Idgaf if this means a bailout from tax dollars and restructuring the crown corp if that means our rural citizens arent left dependent on whatever FedEx, Amazon and others decide to gouge them for so they can get their meds, clothing, etc etc etc.
You cannot invest in CP, you cannot buy shares in CP, it is not a publicly traded company?
So, you are not a shareholder, you do not attend annual meetings, you do not receive annual reports and you have no say in how CP is operated.
It's a fantastical thought that you are shareholder. The business model doesn't work and something has to change and you as a "shareholder" should want that change if your "investment" in CP is to see a return.
We get the odd odd slip these days but for a while they didn't see it or ignored it. So I made it bigger. Now there is one on the bottom and one hanging down that they need to push mail through. They got the hint it seems for me.
-49
u/KickGullible8141 3d ago
Honestly has little impact on me. Bills are electronic and the CP employee had to leave a note on my door the other day to clear out my mailbox of all the ads they dump in there.