Canada Post is a dying dinosaur, Parliament must lead a strategic exit

The choice before Parliament is binary: strategic reinvention or fiscal drift. It's time to stop pretending this business model can be modernized with enough public cash injections. It can't. The smarter move is a managed exit—structured, deliberate, and designed to maximize public value.
Aurelia Arcaro, a Canada Post worker from Rigaud, Que., pickets outside the head office in Ottawa on Nov. 28, 2024. The Hill Times photograph by Andrew Meade
Aurelia Arcaro, a Canada Post worker from Rigaud, Que., pickets outside the head office in Ottawa when Canada Post was on strike Nov. 28, 2024.

Canada Post is the kind of asset that would’ve been marked “non-core” in any serious investment banking portfolio review a decade ago. Today, it’s a legacy cost centre hemorrhaging public capital—and Parliament needs to stop throwing good money after bad.

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