25
submitted 2 weeks ago by alyaza@beehaw.org to c/socialism@beehaw.org

Many observers have pointed out the financial problems facing the Canada Post Corporation—they have lost a total of $3 billion since 2018. However, the union claims that this is not because the whole enterprise is incapable of making money. Instead, it’s because the Crown corporation refuses to expand its services, spends incessantly, and is not fighting the privatization of its different parts.

“The financial situation we face is the result of Canada Post management. They have been spending as if they have unlimited funds, with non-labour spending skyrocketing[…] Our wages and benefits are not the issue here—it’s the mismanagement and overspending by Canada Post,” says Jan Simpson.

The union has even put together an entire program detailing new avenues for the Crown corporation to receive more revenue, such as postal banking, affordable food delivery, and elder check-ins. The outcome of this strike could determine the expansion of services that everyday Canadians would have access to and benefit from.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here
this post was submitted on 05 Dec 2024
25 points (100.0% liked)

Socialism

2863 readers
9 users here now

Beehaw's community for socialists, communists, anarchists, and non-authoritarian leftists (this means anti-capitalists) of all stripes. A place for all leftist and labor news and discussion, as long as you're nice about it.


Non-socialists are welcome to come to learn, though it's hard to get to in-depth discussions if the community is constantly fighting over the basics. We ask that non-socialists please be respectful and try not to turn this into a "left vs right" debate forum by asking leading questions or by trying to draw others into a fight.


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS