Tag Archives: Moya Greene

A Look into the Canada Post Corporation Act

The Canada Post Operation Act and how it relates to the contemporary affairs of the Canadian Post Office. It is puzzling that the Universal Service Obligation is omitted in the Act but clearly defined in the Canadian Postal Service Charter. … Continue reading

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More on the History of Canada’s Postal Transformation

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

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What are Solvency and Going Concern Deficits?

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

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A Brief History of Canada’s Postal Transformation

The modernization of Canada Post — an ambitious plan that started with the ideal of being self-funded with little debt has escalated into billions of borrowed funds and now has straddled the company with serious money issues. A total reverse … Continue reading

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What exactly are the billions for?

Moya Greene, ¬†as then CEO of Canada Post, made a startling financial disclosure on what some of the billions of dollars Canada Post was requesting and collecting was for – and it was not just for modernization. In an April … Continue reading

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