Tag Archives: Canada Post Pension

A Comparison of Canada Post’s Pension Plan

Posted on June 2, 2016 by charlesasullivan

An article by Jennifer Paterson titled, “How Air Canada’s pension took off as Canada Post’s plan sank into deficit.” As found in Benefits Canada — a publication that “is the country’s most influential pension and benefits publication for decision-makers in … Continue reading →

Posted in Financial | Tagged Canada Post Pension, pension, pension plan | Comments Off

A Review of Canada Post’s Five Point Plan

Posted on December 14, 2013 by charlesasullivan

Canada Post’s Five Point Action Plan is the second iteration of the modern post business plan. The first version, which started in 2008, was unsuccessful and this new one adds the elimination of door-to-door delivery to bring it back to … Continue reading →

Posted in Opines | Tagged alternate day, attrition, canada post, Canada Post Pension, CMB, Conference Board of Canada, Deepak Chopra, door to door delivery, Five Point Plan, homes, letter carriers, Lisa Raitt, pension, profitability, volumes | Comments Off

Canada Post Negative Cash Flow in 2010?

Posted on August 18, 2011 by charlesasullivan

Canada Post has issued on August 17th a clarification of its 2010 financial state. It is sharply different than that of the 2010 Annual Report. This media release was likely the result of mis-interpretation of by the public on the … Continue reading →

Posted in Financial | Tagged Canada Post 2010 Annual Report, Canada Post Pension, Federal Government | Comments Off

More on the History of Canada’s Postal Transformation

Posted on June 10, 2011 by charlesasullivan

Sean Silcoff wrote in April 22, 2008 edition of the Financial Post that Canada Post’s transformation program could jeopardize the overall health of the company pension plan: “But volatile markets mean Ms. Greene may need to conserve cash in case … Continue reading →

Posted in Pension | Tagged canada post, Canada Post Pension, deficit, Moya Greene, pension, postal transformation | Comments Off

What are Solvency and Going Concern Deficits?

Posted on June 3, 2011 by charlesasullivan

The Canada Post Pension Plan 2010 Annual Report declared: “The Plan ended 2010 with an estimated solvency deficit of $3.2 billion and a going-concern deficit of $174 million. These deficits resulted from the sharp declines in global capital markets in … Continue reading →

Posted in Pension | Tagged canada post, Canada Post Pension, deficit, Moya Greene, on going concern, Solvency Deficit | 2 Comments

2009 State of the Canada Post Pension

Posted on June 3, 2011 by charlesasullivan

What is the state of the Canada Post Pension, and what are all the numbers about? Here is Moya Greene’s perspective before a parliamentary committee in 2009 while she was still CEO of Canada Post:(1) Senator Callbeck: So how much of … Continue reading →

Posted in Pension | Tagged bonds, Canada Post Pension, deficit, on going concern, Solvency Deficit | 1 Comment