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While Canada Post was protable for the 15th year in a row in 2009, the service has had to overcome huge challenges that will only increase in the coming years.
IN MINUTES
The 2009 annual report mentioned a severe reduction in volume for the three main sectors of Canada Posts business due to the economic slowdown which accelerated an already dismal forecast.
Over the next few years, Canada Post will need fewer employees in order to function, but the number will diminish naturally as employees retire or decide to leave voluntarily.
In 2011, the price of a stamp is fairly low when compared to other industrial nations of similar size, population density and climate. USA Canada
AFFORDABLE PRICES
43 59 61 72 82 $1.06
2,214 1,099
2,127 1,099
2,059 1,099
2,055 1,099
2011
2012
2013
2014
2015
2016
2017
2018
2019
Retirement
Voluntary leave
14.5 M
2007
14.7 M
2008
14.9 M
2009
-1.3 %
$253
As of December 31, 2009
-2.6 %
-5.5 %
per address a year to handdeliver your precious bills, magazines and junk mail to your home. (69 a day).
INFOGRAPHIC BY JUSTIN STAHLMAN/QMI AGENCY
LE TT ER S PA CK AG DI ES MAREC RK T ET IN G
-4.2 % -6.9 % -10.9 %
SEVERE REDUCTION
-7.8 %