Canada Post Announces the End of Urban Home Delivery

Lev13than writes "Canada Post is phasing out urban home delivery, raising the price of a letter to $1 and cutting 8,000 jobs to cope with dwindling volume and a projected loss of $1B/year by 2020. About 1/3 of Canadian homes currently get mail delivered to their door. Deliveries will remain weekdays-only and business will be unaffected (at least for now). Much like the USPS, Canada Post is mandated to be self-funded, but 5% annual volume declines and rising costs are taking their toll."

Comments

Re:Slightly misleading.

[CreatureComfort]

I'd rather they raise the rates on all the business class garbage I receive. 9/10 of everything I get local delivered is a sales pitch to "Current Resident".