Who owns canada post

Act requires the postal service to be financially self-sustaining. A decade ago, Canada Post was convinced that the demise of the letter would make the post office financially unsustainable without severe reductions in service.

Unfortunately, parcels are also making the post office redundant. And most, would learn to live without regular delivery of a few bills and the occasional wedding invitation. The federal government no longer owns railways, airlines and telephone companies, after concluding that these businesses were better off in private hands. A similar rationale could be invoked for getting out of the parcel delivery business.

The time has come for Mr. Report an error. Editorial code of conduct. Skip to main content. Barrie McKenna Economics Reporter. Bookmark Please log in to bookmark this story. Each working day, CPC and its affiliate deliver an average of 37 million pieces of mail, processed through 22 major plants and many other facilities, to over Together with its affiliated companies, Canada Post ranks 32nd among Canadian businesses in terms of revenue and is the 5th largest employer in Canada, with 63 full and part-time employees.

Canada Post offers customers a network of approximately 20 retail points of access. Canada Post's basic letter rate is among the lowest of the major industrialized countries.

Postal History A chronology of Canadian postal history. A Government of Canada website. Check out the latest stamp issues, postal codes, postal rates, and locations of postal outlets and other postal services. Search The Canadian Encyclopedia. Remember me. I forgot my password. Why sign up? Create Account. Suggest an Edit. Enter your suggested edit s to this article in the form field below. Accessed 11 November In , Canada Post established a subsidiary which engaged in e-commerce shipment deliveries and provided customers the opportunity to view their bill online for free.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text. Global postal industry revenue. Size of the courier and local delivery services market in Canada. Share of Millennials that shop online in Canada. Financials Canada Post's revenue.

Segments Canada Post's mail volume. Competitors Leading courier carrier in North America. Interesting statistics In the following 4 chapters, you will quickly find the 22 most important statistics relating to "Canada Post Corporation".

Statistics on the topic. Overview Postal industry revenue worldwide Canada Post Corporation - revenue Canada Post - revenue breakdown