Competition divides revenue, which leads to lower wages and benefits. The only people that benefit from competition, are the ones who own the company. And Canada Post is a government service. Its success should not be tied to profits.
Ask anyone in BC what their private health insurance looks like these days. Lots of companies out there, and none of them are offering plans anywhere close to what they used to. The difference is, ICBC has the largest cash reserve for payouts…while private insurance companies only have a fraction. That’s why premiums go up and services go down. None of them alone, are able to make enough money to sustain the level of service we expect. Put them all together, and they should. But only if you also remove the profit margins from the equation.
You want to fix ICBC…then we need to regulate it better. The more it behaves like a private insurance company, the worse the service gets. Treat it like a non-profit public service, and watch it come back to where it should be.
Canada Post need to compete on quality of services, not in profits. Being not about profits should gives post canada an advantage if the government is serious at preserving quality public services
Competition divides revenue, which leads to lower wages and benefits. The only people that benefit from competition, are the ones who own the company. And Canada Post is a government service. Its success should not be tied to profits.
Ask people in BC how much they benefit from ICBC having a monopoly on car insurance…
I mean they’re doing better then Albertans.
Ask anyone in BC what their private health insurance looks like these days. Lots of companies out there, and none of them are offering plans anywhere close to what they used to. The difference is, ICBC has the largest cash reserve for payouts…while private insurance companies only have a fraction. That’s why premiums go up and services go down. None of them alone, are able to make enough money to sustain the level of service we expect. Put them all together, and they should. But only if you also remove the profit margins from the equation.
You want to fix ICBC…then we need to regulate it better. The more it behaves like a private insurance company, the worse the service gets. Treat it like a non-profit public service, and watch it come back to where it should be.
I mean Alberta has only private insurance and the highest rates on the country. So private isn’t the answer.
Perfect example.
Canada Post need to compete on quality of services, not in profits. Being not about profits should gives post canada an advantage if the government is serious at preserving quality public services
I disagree they need to compete at all. They provide essential services that aren’t replaceable by private services.
The government is trying to make the service worse for people by seeking profitability of the service over it’s quality