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We’ve got a problem! We’ve got costly Canadian mail that is costing us more, while experiencing declines in letter delivery. Canada Post has launched a transformation to help combat the technological changes or risk losing $1 billion a year by 2020. This includes: ending home delivery of mail, increasing stamp prices, and cutting up to 8000 jobs. Find out why this may not be all bad news by viewing this presentation!
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You’ve Got You’ve Got (Costly Canadian) (Costly Canadian)
Mail!Mail!Angela La Gamba • @AngelaLaGambaToastmasters • May 2014
Your Mail Is In Trouble!
0Home delivery of mail will end
0 ↑ in stamp prices
08,000 job cuts
Why Is This Happening?
0 ↓ in mail volume (core business)0Sparsely populated country, fixed costs
0$106-million (2012) in operating losses00.4% (2013) in revenue growth
0More pensioners than workers0Risk losing $1 billion by 2020
What’s Next?
035% ↑ in stamp price
0Convert 5.1 million homes to community mailboxes in urban areas
What’s Next?
0Restructuring & transformation
0Obligation: deliver mail to all Canadians
0Rebranding: letter delivery > parcels
The Good News!
“This institution has [an] incredible capacity to reinvent itself.”
~ Canada Post President & CEO Deepak Chopra
Thank You!Thank You!Angela La Gamba • @AngelaLaGambaToastmasters • May 2014
Sources
0http://www.theglobeandmail.com/report-on-business/canada-post-loss-balloons-to-193-million-as-historic-shift-takes-hold/article18461383/
0http://www.theinternational.org/articles/540-canada-post-price-hikes-prove-detrimental
0http://www.cbc.ca/news/canada/canada-post-can-reinvent-itself-says-its-ceo-1.2626082
