Uncertain Future for Canada Post
With significant job cuts on the horizon, the future of Canada Post remains uncertain. The government has given Canada Post CEO Doug Ettinger 45 days to devise a plan to revitalize the corporation.
A committee of MPs, the Standing Committee on Government Operations and Estimates, has been exploring potential solutions. Minister for government transformation, public works and procurement, Joël Lightbound, testified before the committee, indicating plans to implement changes recommended in commissioner William Kaplan's report.
- Ending home delivery
- Closing rural post offices
- Scaling up parcel delivery
- Making employment more flexible
Experts warn that saving Canada Post will likely require at least 10,000 layoffs.
Changes are necessary to bring the Crown corporation back from the brink.
Author's summary: Canada Post's future uncertain amid potential layoffs.
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