How do you solve a problem like Canada Post? Even Ottawa isnt sure – National [Video]

Shortly after Canada Post’s top executives warned of “unsustainable” finances and the need for “significant changes” to survive, the federal government has little to say about what solutions are necessary.

Board chair André Hudon told the Crown corporation’s annual general meeting Wednesday that the national mail carrier is at a “critical juncture” as it struggles to compete against e-commerce platforms like Amazon and faces dropping demand.

The company has also noted that the ministry overseeing Canada Post has not approved a corporate plan since 2020, and has yet to sign off on a submitted plan that would take the organization into 2028.

But concerns about what a reimagined Canada Post could look like tend to centre around either the hundreds of millions it would cost taxpayers to cover its fiscal gaps in the form of more government funding, or the service cuts that could be needed to cut budget strain — and how to ensure all Canadians can …