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."
Buying stamps half a dozen at a time reduce first class rates to $0.85; businesses using postage meters will get $0.75. Not cheap, and still a big increase, but the $1 rate will be paid by a very small number of people too cheap to buy stamps six at a time.
As for home delivery, it'll be sad to lose it but the alternative, the community mailbox a few doors down from most houses, will have one advantage: parcels will be loaded into it for you to pick up. Currently if you're not home you have to drive to the nearest sub-post office to get your parcels. This will be way more convenient.