Canada Post is effectively bankrupt. Can it be saved? | About That

Video Description

Can ending door-to-door mail delivery help solve Canada Post's financial catastrophe? That's part of the federal government's proposed solution to curb daily losses in the millions of dollars, but the union has swiftly responded with a nationwide postal worker strike. Andrew Chang explains how Canada Post's greatest strength may now be its greatest weakness — and how a viable path forward could unfold. Images provided by Getty Images, The Canadian Press and Reuters. Intro: 00:00 Red ink, everywhere: 1:55 Cut people, cut planes, cut places: 6:20 Solution or sabotage?: 9:50 »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX Follow CBC News on TikTok: https://bit.ly/3TnHioe Follow CBC News on Twitter: http://bit.ly/1sA5P9H Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.