Minister Raitt supports action by Canada Post to return to financial sustainability
OTTAWA, Dec. 11, 2013 /CNW/ - The Honourable Lisa Raitt, Minister of Transport, made the following statement today, in response to Canada Post's Five-point Action Plan:
"In today's digital age, Canadians are sending less mail than ever. According to Canada Post, a typical Canadian household buys only one to two dozen stamps per year. Due to the lack of demand, mail volumes have dropped almost 25% per address since 2008 and continue to fall. This is leading to a steep decline in revenues for Canada Post. Since 1981, Canada Post has had a mandate to operate on a self-sustaining financial basis.
"The Government of Canada supports Canada Post in its efforts to fulfil its mandate of operating on a self-sustaining financial basis in order to protect taxpayers, while modernizing its business and aligning postal services with the choices of Canadians.
"I look forward to seeing progress as Canada Post rolls out its plan for an efficient, modern postal service that protects taxpayers and is equipped to meet Canadians' needs now and in the future."
SOURCE Transport Canada
More by this Source
Government of Canada introduces changes to pilot licensing
Feb 12, 2014, 09:12 ET
Transport Canada proposes new rail regulations to reduce accidents and save lives
Feb 07, 2014, 14:24 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.