The chair of Canada Post’s board says the organization’s financial situation is unsustainable.
The Canadian PressA Canada Post sign is seen Tuesday, May 31, 2016 in Montreal. THE CANADIAN PRESS/Paul Chiasson
“Significant change is urgently needed to preserve Canada Post’s delivery network, which is vital because it’s the only delivery network built to serve all Canadians.” Hudon said the company has been working hard to deliver new services to help make Canada Post more competitive in parcel delivery as the e-commerce market is projected to double in the next decade.
More than a decade ago, the company shifted its focus to address growing demand for parcel delivery, he said.
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