Expanding Canada Post has been a disaster every time it's been tried. They are always too slow to respond, and it's always been just an endless suck of funds. I'm thinking about their stores concepts, the Facebook wanna be marketplace. There's been a lot of turds over the years. Big old confused and bloated crown corp, like we've all seen this one.

Is it mismanaged, for sure it has been. I agree on the precipice that privatization usually sucks, that's not what I'm really arguing for. But when we say if they are going to be solvent, they need to do more than mail delivery, like right there that's the gist. Mail delivery isn't ever going to be a solvent endeavor. So now the question is, OK so where's the fine line here then, like what's enough and how much are we willing to burn, what's not enough and what is too much cash spent? Canada Postal Workers Union though, just drew a line in the sand so hard that I'm not sure how they envision coming out of this one on top, like the institution is belly up for all intents and purposes. On the flip side, the executives obviously fucked this one up pretty hard too.

I dunno, it's a real son of a situation, that's for sure. One that isn't likely going to end well for either side, no matter what falls out here.