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Canada Post Quits The Home Delivery Game

Canada Post Quits The Home Delivery Game

Canada Post Quits The Home Delivery GameThe postal delivery service here in the US nearly ended Saturday mail delivery, while folks over in Sweden might actually look towards the direction of SMSes instead of stamps. All in all, postal services do seem to be keeping up with the times, and as for Canada, they happen to be ending their home delivery service. The reason behind this? Home delivery services cost a bomb to run, and with digital communications being more or less the de facto method of folks communicating with one another in an affordable manner. Right now, they are projecting a loss of up to $1 billion CAD (!) by 2020.

This has led Canada Post to completely stop door-to-door delivery, which is something that around 33% of Canadian households make use of at this point in time. The alternative? To deliver mail to communal mailboxes, which is pretty much the equivalent of a P.O. box over here Stateside. Not only that, Canada Post will also be reducing their workforce of between 6,000 and 8,000 people from its total staff, where majority of them will also hail from the 15,000 expected retirees over the course of the next five years. Well, there goes another relic from the 20th century. Would you miss it? [Press Release]

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