Quote:
Originally Posted by CaptainCrunch
Because in order to privatize you need someone that's willing to step in and do it. With all of the other courier companies having the infrastructure in place to pick up something like mail delivery, they probably don't need what Canada post has. Most of the cities already have sorting centers so they wouldn't need to buy that real estate or take on that liability, the same with the other fixed assets.
the only thing a private concern might be interested in would be the junk mail contracts which are probably money makers.
But for the most part, they could stand by and watch Canada Post wither away. Or start their own private mail delivery services that piggy back on parcel delivery.
I think that a big thing that would prevent anyone from buying something like Canada post would be bringing in redundant employees, because its not really a super exclusive skill, and also buying the liabilities such as the pension.
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If Canada Post was to hit the market I think that they could easily attract some pretty big offers from companies like DHL or Pitney Bowes. Pitney Bowes would be extremely interesting if Chopra is still leading Canada Post because he was in charge of Pitney before coming to CPC. I'm sure he could put together a strong sales pitch to his old buddies.