Kevin Bowrin ☕4d ago

Wow. These are some drastic cuts.

https://globalnews.ca/news/11737460/mark-carney-spending-plans-cuts/

To chop spending, Ottawa will cut science, tourism, foreign aid programs

While 40 departments will collectively spend $23 billion more next year, another 85 departments will spend $31 billion less in 2026-27.

Global News
Show threadCharles A-M4d ago
@kevinbowrin um, what's this? #CanadaPost #CanPoli
Show threadSam Nabi
@Centretowner @kevinbowrin As a crown corporation, Canada Post is meant to break even. I guess Carney is pulling their entire safety net away and they’re going to have to come up with $2 BILLION in revenue (or service cuts). Wild. #cdnPoli
Mar 20 at 8:30pmWeb
Show threadJim Patterson 🇨🇦4d ago

@samnabi @Centretowner @kevinbowrin No doubt they will be expected to fix their budget issues without expanding services into, say, Postal Banking. We can't have "unfair" competition for big banks that have been abandoning small communities for decades, after all.
https://rabble.ca/columnists/postal-banking-once-made-canada-post-profitable-and-could-again/

#cdnpoli

Postal banking once made Canada Post profitable — and could again

Canada Post discontinued postal banking nearly 60 years ago. Is it time for postal banking to make a comeback?

rabble.ca
Show threadAmgine4d ago

@samnabi @Centretowner @kevinbowrin

wait, wut?

NO!

A crown corporation exists to provide a service **for which there is no viable profit motivation.**

If we need or want packages delivered for free, we make a CC to do it. If we need delivery service for a small fee, smaller than the cost + profit margin required by private investment,, we make a CC to do it.

Revenue has nothing to do with it. That's just conservative propaganda.