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lenaitch said:
This is what they are embarking on:

financialpost.com

Canada Post to launch chequing and savings account with Koho

Canada Post is making another foray into banking services with a chequing and savings account in partnership with Koho Financial. Read on.
financialpost.com financialpost.com

It obviously wouldn't involve carriers but be linked to counter/teller services. I don't know all the pros and cons, just as an observer of the gaps left by the big banks closing their small branches. There is a range of opinions. This is one. I don't agree with all of it. Of course, the Bankers' Association is against any of it.

www.thestar.com

Amir Barnea: Why Canada Post should offer banking services

As the big banks close branches, remote communities are becoming underserved. Canada Post could help solve that problem, writes Amir Barnea
www.thestar.com www.thestar.com

A number of years ago, a bank closed the only branch in a small community I used to live near. It is 75 km to the next community. Among other things, local residents and businesses could no longer do cash deposits or get money for floats. The usual statement from that bank said most of the customers use online banking. Trouble is, the town had, at the time, only had dial-up. They didn't even bother installing an ATM (probably because it wouldn't work on dial-up).

I don't go to a physical bank that often anymore but, when I do go, the clientele is mostly all seniors (which makes the parking lot particularly 'interesting'). Many can't navigate online sites or don't trust them.

Several countries offer some form of postal banking services. I think it's a viable niche.
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Oh, I see now it is simply white labelling a service from a neobank. Interesting move, as there's some risk there since it's not a "real" bank they are dealing with, and it appears to be a private company, so ownership could change any time, and also they could refuse to renew the contract at expiration, but it makes sense for an offering to places where there's no physical banking services. I'd be wary of the fees and interest rates though, both positive and negative, I'm sure they will be non-competitive, but if you have no choice you have no choice and that's how they will make the profits.
 
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When this strike is over I propose that household letter delivery be reduced to one day a week to help reduce cost. I’d also like to see e-commerce parcel delivery taken away from gig drivers to move back to Canada Post and the courier firms. It’s time to end the chase to the bottom and return to where parcel delivery is a career, not a gig.
 
Canada Post needs to end door to door delivery immediately. And it needs to examine rates for the distribution of commercial materials, the vast majority of which make a short trip to my blue bin. This is a money loosing operation (1.38billion with a capital B dollars in the last year) that needs radical corrective surgery with major interventions of how do we break even ( at worst) therapy. I am sure that UTers could make up a short list in seconds as to how 1.38 Billion Federal Dollars could be better spent with greater impact on the lives of the average Canadian.
 
just east of the creek said:
Canada Post needs to end door to door delivery immediately. And it needs to examine rates for the distribution of commercial materials, the vast majority of which make a short trip to my blue bin. This is a money loosing operation (1.38billion with a capital B dollars in the last year) that needs radical corrective surgery with major interventions of how do we break even ( at worst) therapy. I am sure that UTers could make up a short list in seconds as to how 1.38 Billion Federal Dollars could be better spent with greater impact on the lives of the average Canadian.
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The problem is Canada Post can only do - or not do - what Cabinet says, so the government would have to expend political capital to make changes that would disproportionately impact rural and remote residents. E-Commerce is great so long as you can access, or afford, the bandwidth.
 
lenaitch said:
The problem is Canada Post can only do - or not do - what Cabinet says, so the government would have to expend political capital to make changes that would disproportionately impact rural and remote residents. E-Commerce is great so long as you can access, or afford, the bandwidth.
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Well I understand that. And I am not sure that retargettimg 1.38 billion dollars in expenditures (plus) would exhaust a lot of political capital. I do not think a decision ending box delivery would affect most rural residents, we are highly mobile. Plus, as I have stated, I rarely receive anything by mail of value. The same with my residential address. In either case I would cheerfully walk to the neighbourhood box, or from a rural perspective, stop by on the twice weekly schedule that is all that is needed,

For the elderly and/or infirm I.e. they cannot make their way to a postal box, the I can see a special twice weekly service.

No one needs door to door on a daily basis anymore.
 
just east of the creek said:
Well I understand that. And I am not sure that retargettimg 1.38 billion dollars in expenditures (plus) would exhaust a lot of political capital. I do not think a decision ending box delivery would affect most rural residents, we are highly mobile. Plus, as I have stated, I rarely receive anything by mail of value. The same with my residential address. In either case I would cheerfully walk to the neighbourhood box, or from a rural perspective, stop by on the twice weekly schedule that is all that is needed,

For the elderly and/or infirm I.e. they cannot make their way to a postal box, the I can see a special twice weekly service.

No one needs door to door on a daily basis anymore.
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Reducing door-to-door delivery to a non-daily basis, which I support, is different than 'ending it immediately'. We lived near one village where the community boxes were enclosed in a shelter - think a round or octagonal bus shelter - that I have not seen elsewhere. Regardless, capital expenditure would have to be made. Many rural post offices aren't designed for much walk-in traffic.

One unknown impact of reducing door delivery is their parcel service. We don't do a whole lot of non-Amazon business (such as EBay or Etsy) but anytime we do, it comes via CP. It seems CP parcel is favoured by small businesses. Reducing the convenience/benefit of their parcel service might erode their market share. In rural areas, it's the same folks who fill community boxes as do door-to-door.
 
lenaitch said:
Reducing door-to-door delivery to a non-daily basis, which I support, is different than 'ending it immediately'. We lived near one village where the community boxes were enclosed in a shelter - think a round or octagonal bus shelter - that I have not seen elsewhere. Regardless, capital expenditure would have to be made. Many rural post offices aren't designed for much walk-in traffic.

One unknown impact of reducing door delivery is their parcel service. We don't do a whole lot of non-Amazon business (such as EBay or Etsy) but anytime we do, it comes via CP. It seems CP parcel is favoured by small businesses. Reducing the convenience/benefit of their parcel service might erode their market share. In rural areas, it's the same folks who fill community boxes as do door-to-door.
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Sorry. I have been bouncing around the farm and missed your reply.

You are correct of course. Immediately is not possible, but Immediate action in terms of policy is. Then the phaseout of door to door begins as local boxes or substations can be established (and these would exist in multi unit buildings already) The existing labour contract is a goldmine for workers involved and a hindrance to a Phaseout program, so there will be a time lag to completion. But this is an example of a service that has lived long past its need, solely based on the largesse of the taxpayer.

Again, I would be happy to take the current multi billion dollar deficit over the past 4 years or so and invest in direct federal programs that aid First Nations (hey, we could fix some outstanding eater issues) (The Feds report that as of May of this year 148 advisories have been lifted but 37 remain and are under study or planning and I am not sure how much funding is in place to completion) or geared to income housing projects, or add to the list. There are a whole list of ag programs that could be funded to reduce risk and improve products and conserve soil. In the larger picture, a couple of billion here or there does not seem to count for much, but specifically targeted, it could and would make a difference.

Your question re parcel delivery is a good one, but in my experience, any parcels we have received come via vehicle, or a note asking us to go to such and such postal station.

If the Postal Service is going to remain relevant and at a break even position, then the labour force is going to have to shrink, door to door will disappear (excepting infirm or incapacitated twice a week delivery rolled into the parcel delivery program), seven day a week parcel delivery will have to happen, and the reality of competing with Amazon, UPS, Fed Express will need to be a part of their business model.

Always good chatting.

Cheers.
 
just east of the creek said:
Your question re parcel delivery is a good one, but in my experience, any parcels we have received come via vehicle, or a note asking us to go to such and such postal station.
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I received a fuel gauge in the mail last week (rural mailbox). I think it is the first or one of a very few Amazon purchases that have come via CP (might have been a third party seller). In terms of larger CP parcels, we seem to be blessed. Both our last home (community box) and our current place (rural box), if it was too big for the box, the drivers brought it to the front door. Sweet. The only time we've had to go the the actual post office (about 15km away) is for returns (and original parcel mailings).
 
This is still not settled?
https://www.cbc.ca/lite/story/1.7589865
BugsBunny_OnStrike_250pxls.jpg
 
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