Quote:
Originally Posted by burnin_vernon
In 2011, there was a $327 million loss due to lawsuit and a lockout. The losses were not due to operations.
There was no loss in 2012. The Conference Board of Canada (which Chopra sits on) predicted a huge loss, when, in fact, CP made $94 million.
2013 saw a loss of $125 million.
2014 made a profit of $299 million.
With parcel volume increasing constantly, admail revenue blowing up, lower wages to new hires, reduced sick time, and eliminating jobs, Canada Post is not in the trouble many believe it to be. They won't be going near anyone's tax money. |
Is there any evidence that home delivery is more efficient and cost effective? That is the issue, not the profit or loss over a given year. Eliminating home delivery seemed like a sensible, fiscal decision, especially since new communities don't have that service. The only reason to go back to it seems to be to keep the union happy.
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From HFBoard oiler fan, in analyzing MacT's management:
O.K. there has been a lot of talk on whether or not MacTavish has actually done a good job for us, most fans on this board are very basic in their analysis and I feel would change their opinion entirely if the team was successful.
Last edited by Fighting Banana Slug; 10-28-2015 at 11:42 AM.
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