Click the links below to watch the TV ads. There are two versions: one featuring home delivery and a second (below) showing a pickup at a post office.

Ad # 2 – Pickup at Post Office:
[cpc_video]

Please follow this link to view ad # 1 – Home Delivery

2013/09/12

Canada Post lost $104 million before tax for the second quarter, which ended June 29.

The Group of Companies is on track to record a substantial loss in 2013.

In the second quarter, Transaction Mail volumes fell by 6.3 per cent compared to the same period last year.

Over the first two quarters of 2013, total parcel volumes grew by about one million pieces compared to the first half of 2012.

However, with declines in Transaction Mail and Direct Marketing volumes, total volumes fell by 169 million pieces in the first two quarters, compared to the first half of last year.

With mail volumes still falling rapidly, there is an urgent need to restructure the current business model.

For this reason, Canada Post has been consulting with Canadians about the postal services they will need in the future. It expects it will have held more than 50 meetings with community leaders and national organizations by the end of September.

To address its challenges, Canada Post has also been taking steps to improve and maintain service while reducing costs and streamlining operations.

More details about these steps and the financial results are in the news release.

2013/08/27

Canada Post has published its financial results for the first quarter of 2013.

While the Canada Post segment reported a before-tax profit of $68 million, this was bolstered by the sale of the downtown Vancouver plant in January 2013. Without that sale, the segment would have had a before-tax loss of $41 million in the first quarter.

The volume declines that have challenged us in recent years continued through the first quarter of 2013. Overall volumes were down by more than 136 million pieces – or roughly 930,000 pieces per business day – compared to the same period in 2012. With these continued declines, a substantial financial loss is expected in 2013.

While our growing parcels business increased volumes by about 300,000 pieces in the first quarter, those gains do not offset the losses in Transaction Mail and other aspects of our business.

Please see the quarterly financial report for more information.

2013/05/30

Leave a Comment  

« Previous page

Email updates

@