Canada Post, which predates Confederation, is a vital national institution, playing a particularly important role in serving rural, Northern and Indigenous communities across our vast country.
But today, Canada Post is effectively insolvent. Indeed, it would have run out of cash had the government not recently extended a billion-dollar lifeline.
This situation is no surprise, and it has been developing for a long time. Canada Post has been impeded from adapting to modern business realities because of long-standing labour inflexibility as well as oscillation by prior governments between political indifference and political interference.
