We are getting tired of the years-long strife at Canada Post. If the operation is losing hundreds of millions of dollars each year as alleged and “cannot afford to pay the staff,” why hasn’t the management team been let go? In any private operation this degree of management failure to succeed would just not be tolerated. It appears that rather than manage the situation, management are abdicating their responsibilities to the federal government and waiting for the workers to be legislated back to work. This ongoing failure of management needs to end.
Postal banking has long been touted as a cure for some of Canada Post’s financial woes. All over the planet rural areas that have no physical access to bank branches are served by postal banks. Are the Canadian banks that remain unprepared to properly serve remote areas so self-serving as to pressure the federal government to block postal banking? In summary, let’s have postal banking and a competent management team at Canada Post.
John Hooker, New Westminster
Surveyed economists are remiss if they do not question the justification for the government’s fiscal targets. Fiscal guardrails have varied from balanced budgets, to modest deficits, to stable or declining debt-to-GDP ratios, differences that encompass tens of billions of dollars. Their commonality is that all are arbitrary, and designed ideologically to limit government spending.
Our children are threatened by lack of job opportunities, growing inequality, a fragile health system, and potential food and environmental crises arising from climate change. Solutions will require urgent action and should not be hamstrung by what are merely statistical artifacts.
Monetarily sovereign governments own central banks and should use their unlimited fiscal powers to ensure mobilization of all available societal resources for the well-being of citizens. Listen to economist John Maynard Keynes: “Anything we can actually do, we can afford.”
Larry Kazdan, Vancouver
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