Quote:
Originally Posted by OldDartmouthMark
Am curious about the future of post mail - on one hand people don't tend to write letters anymore, and many people pay bill online, but on the other hand online shopping is kicking the tar out of brick and mortar stores, so it could go either way - probably mostly depending on how they compete with the courier companies.
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Canada Post publishes their annual financial reports here, if you're curious:
https://www.canadapost.ca/cpc/en/our...-reports.page?
Overall, net profit is actually up over where it was about 10 years ago. Letter mail is shrinking, but parcel delivery is still a growing part of their business (~20% growth year by year for the last few years) model.