Canada Post Change: Is Canada Post on the verge of closure? This is what Commissioner William Kaplan said

Key recommendations for the report
William Kaplan, a commissioner who oversees the 162-page Industrial Investigation Commission report, recommended basic changes to Canada Post, such as phase-out daily door-to-door mail delivery single addresses while maintaining business daily services. The report also recommends that the suspension of rural post office closures and community mailbox conversion must be lifted.
“My suggestion is based on my conclusion that there is a way to preserve Canada Post as an important national institution,” Kaplan mentioned. He stressed: “I designed them to deal with the current problem: arresting and reversing the growing financial losses, thereby putting the necessary structural changes inside and outside the collective agreement,” as stated in the report.
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The Commissioner said the Canadian Post “faces an existential crisis and is ineffective in repaying debts”, adding: “Not thoughtful, measured, staged, but immediately changed, and its financial situation will continue to deteriorate.”
The report also mentioned other suggestions, including the Canadian post that should have the flexibility to hire part-time workers to deliver packages over the weekend and provide quantity within a week, but Kaplan notes that no part-time job should “not be faked but attractive jobs, attractive jobs”, which is under the collective agreement that the box office belongs to CTV News, which belongs to CTV.
Why it matters
The report, which is just one week ahead of the Royal Company and the Canadian Postal Workers Union, reached a new collective bargaining agreement that could suspend emails again after a brief probation on the holiday season strike. It also recommends that, in accordance with CTV News, the suspension of rural post office closures and community mailbox conversion should be lifted.
FAQ
Is there really so much trouble with Canada Post?
Yes. According to the report, Canada Post is “effectively insolvent” and faces an existential crisis unless significant changes are made.
What happens if the Canadian Post and the union do not reach a deal?
Strikes or mail interruptions may resume from May 22, ending temporary peace after the holiday.