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Audio: Deepak Chopra on reinventing Canada Post with big price hikes and big service cuts

Canada Post CEO Deepak Chopra spoke with Michael Enright on The Sunday Edition with Michael Enright this morning:

In 1867, the Dominion of Canada named Sir Alexander Campbell, a Father of Confederation, as the country’s first Postmaster General. Read More

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Canada Post marks 100th-year anniversary of the Komagata Maru incident with new commemorative stamp

CANADA POST - 100th-year anniversary - Komagata Maru incidentOTTAWA, May 6, 2014 /CNW/ – One hundred years ago, on May 23, 1914, the Komagata Maru, a Japanese steamship, arrived in Vancouver’s Burrard Inlet with 376 passengers, all British subjects, mostly Sikhs from Punjab, India. Under the era’s exclusionary immigration policies, the passengers were denied entry, and the ship was forced to return to India. In connection with Asian Heritage Month, Canada Post has issued a new stamp marking the centennial of this event, while also recognizing the strides Canada has made toward creating a more tolerant and diverse society.

The stamp, available in all post offices and online, features an artistic rendition of images from a small collection of archive photos, shot on board and during the voyage. Two collectible Official First Day Covers are also available. Read More

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Postal Workers to Canada Post: Turn It Around By Creating New and Better Services

Canada-Post-OTTAWA – The Canadian Union of Postal Workers CUPW is stepping up its campaign for better postal services and innovations such as postal banking in the wake of Canada Post’s latest annual report.

“Our postal system is a valuable public service available to all who live in this country and that’s how it should stay. We need to believe in its future and help it grow, not kill another public service with cutbacks that will drive customers away,” said Denis Lemelin, National President of CUPW.

An international symposium recently held in Ottawa discussed the possibility of bringing back the postal bank in Canada, which had flourished from the days of Confederation to the late 1960s. A Stratcom poll in April 2014 showed that 64% of respondents supported the idea of a postal bank. Canada Post had also been looking at the idea but refuses to release the results of its postal banking study for public review.

“Canada Post shouldn’t be engaging in a planned demolition of public postal service,” said Lemelin. “This annual report is a clear sign that the present managers of Canada Post need to rethink their plans.”

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Canada Post reports operating loss of $269 million in 2013 as Transaction Mail volumes erode

May 5, 2014

Ottawa (Ont.) – The Canada Post segment today reported an operating loss of $269 million for 2013 as Transaction Mail volumes continued to erode, falling 30 per cent per address1 since they began to decline in 2007. The Canada Post Group of Companies2 reported an operating loss of $193 million for 2013. Read More

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Canada Post’s Chopra Pushes Online Carts Over Letters

Canada Post Corp. Chief Executive Officer Deepak Chopra is betting services such as delivering packages to online shoppers will help make up for a decline in its traditional mail business.

Chopra, who took over the money-losing Ottawa-based postal agency about three years ago, is testing services such as “Delivered Tonight” to capitalize on the surge in Internet-based retailing. He says he wants to return the government-owned agency to financial stability within five years.

“We’re moving from the letterbox to a cart,” Chopra said in a May 1 interview at Bloomberg’s Toronto office, referring to the way online shoppers keep purchases before having them shipped. “What’s happening now is a bit of a race to reposition our business from letters to parcels.”

Read more: Canada Post’s Chopra Pushes Online Carts Over Letters – Bloomberg.