This blog on Canada Post privatization gives some food for thought. http://rabble.ca/blogs/blogger

[femmefan1946]

http://rabble.ca/blogs/bloggers/views-expressed/2013/12/canada-post-not-on-life-support-it-being-mur...

Canada Post is not on life support, it is being murdered

By

Mike Palecek

| December 17, 2013

.....the company has only lost money once this century, and that was the year they decided to lock out their workers.

A quick look at the numbers shows that their arguments just don’t add up.

The Canada Post Group made a before tax profit of 127 million dollars in 2012; after 2011’s lock out and after being forced to settle a 200+ million dollar lawsuit they posted a loss of 327 million dollars; in 2010 they made a profit of 443 million dollars; in 2009 the corporation had a net profit of 281 million dollars.

Anyone can see these numbers for themselves in the financial reports on Canada Post’s website. Year after year, Canada Post makes profit, and yet year after year they cry poor. For postal workers, this is nothing new; it is the same old song and dance.....

[ypdc_dennis]

The blog from 2013 is slightly out of date.

Canada Post Operations (net loss/profit)

2011 - loss of $188 million

2012 - loss of $83 million

2013 - loss of $29 million

price jump in stamps

2014 - profit of $198 million

[tobyshitzu]

that is a wildly inaccurate pr piece from CUPW.  

[tyler@ebay]

Hey everyone,

Due to the length of time that has passed since this thread began I have locked it from future replies. If this is still an issue that warrants discussion, don't hesitate to begin a new thread!