They are introducing new services, such as the development of community mail boxes, in their five-stage plan which can save them up to $900 million a year, The Canadian Press reported. As well, Canada Post will begin to phase out home delivery within the next five years.
"We spoke with thousands of Canadians over the last six months or so and they told us two things that are really important - they're using us differently regardless of what we do, and they don't want us to become a burden on their taxes," Canada Post spokeswoman, Anick Losier, told 24 hrs Vancouver.
The Canadian Press reports that Canada Post will let go of about 6,000 to 8,000 positions over the next five years, mainly through attrition. They believe that 15,000 employees will leave or retire from the company in that same time period.
According to CBC News, Canada Post provides service to 15.1 million addresses, but only a third of those households still grab mail at their door. All of the others get their mail from community, apartment or rural-lot-line mailboxes.
In addition, Canada Post estimates that it costs them $283 per address annually to deliver door-to-door, while a community/group mailbox, for example, only costs them $108 per address annually.
"I look forward to seeing progress as Canada Post rolls out its plan for an efficient, modern postal service that protects taxpayers and is equipped to meet Canadians' needs now and in the future," Transportation Minister Lisa Raitt said in a statement that was obtained by 24 hrs Vancouver.