Canada Finance Political Eh-conomy Radio

Why we need postal banking

Introducing the Political Eh-conomy Radio podcast, a new podcast on economic issues in Canada and beyond. The inaugural episode tackles postal banking: why cut valuable services and jobs at Canada Post when it is instead possible to create financial services run by the post office, at the same ensuring the Post’s future sustainability? Canada Post put it best in its secret report: postal banking is a “win-win” – unless of course your aim is to dismantle public services and set the stage for privatization.

Interviews include John Anderson, author of the CCPA report, Why Canada Needs Postal Banking, George Floresco, Vice-President of the Canadian Union of Postal Workers and David Bush, who is among those spearheading community organizing to stop the cuts at Canada Post.

Canada Privatization

Strategy, or escape from the privatization matrix (Canada Post, Part 2)

The endgame of the current rounds of cuts at Canada Post is some form of privatization. In the previous post, I argued that privatization proceeds differently depending on context. Many factors – I focused on whether a public service provider is exposed to competition and is profitable – can have an impact. The result of replacing public with private provision can be reached through a rapid sell-off, a slow attrition of services, or anything in between. Fortunately, the path to be taken by Canada Post is not yet drawn. Yet while privatization is not an inevitability, the window to effectively prevent it will not stay open for very long. Here are some thoughts on the privatization strategies possible at Canada Post and the anti-privatization strategies to fight them.