You make a good point umcrouc0. However, Canada Post shows a profit. And Canada has a much more rural base to deliver to...
To your point about "obscene" profits... How so? If the rates were so outrageous people simply would not use the service. And there is a fair bit of competition out there.
Companies like FedEx and UPS grew so big because there was a demand that post offices were not meeting. And as private companies they have incentives to streamline their business and improve productivity that maybe the average government run organizations do not appreciate.
That's why governments ought not be in business.
To your point about "obscene" profits... How so? If the rates were so outrageous people simply would not use the service. And there is a fair bit of competition out there.
Companies like FedEx and UPS grew so big because there was a demand that post offices were not meeting. And as private companies they have incentives to streamline their business and improve productivity that maybe the average government run organizations do not appreciate.
That's why governments ought not be in business.