Canada Post delivers bonuses, not results
Open this photo in gallery:A Canada Post mail carrier delivers a package on their route in Montreal, in 2024.Christinne Muschi/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountCanada Post, by its own analysis, is on the brink of insolvency. Revenue has been falling, and losses have been piling up at an astonishing rate. They aren’t bonuses, but “at risk” pay, a distinction without any difference.
- ▪Open this photo in gallery:A Canada Post mail carrier delivers a package on their route in Montreal, in 2024.Christinne Muschi/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountCanada Post, b
- ▪Revenue has been falling, and losses have been piling up at an astonishing rate.
- ▪They aren’t bonuses, but “at risk” pay, a distinction without any difference.
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Open this photo in gallery:A Canada Post mail carrier delivers a package on their route in Montreal, in 2024.Christinne Muschi/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountCanada Post, by its own analysis, is on the brink of insolvency. Revenue has been falling, and losses have been piling up at an astonishing rate. The Crown corporation needed an emergency bailout from the federal government just to keep the lights on.The leadership of Canada Post took a look at that situation and thought: We should pay out millions of dollars in performance bonuses, $30.8-million in 2025, to be precise (a disclosure to a House of Commons committee that was made public by the Canadian Taxpayers Federation).The post office defends the payouts in…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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