Canada Post Announces the End of Urban Home Delivery 226
Lev13than writes "Canada Post is phasing out urban home delivery, raising the price of a letter to $1 and cutting 8,000 jobs to cope with dwindling volume and a projected loss of $1B/year by 2020. About 1/3 of Canadian homes currently get mail delivered to their door. Deliveries will remain weekdays-only and business will be unaffected (at least for now). Much like the USPS, Canada Post is mandated to be self-funded, but 5% annual volume declines and rising costs are taking their toll."
Delivering urban homes is hard work. (Score:4, Funny)
Well, delivering homes sounds awfully resource intensive and is probably a departure from their charter to deliver mail.
Re:This kills on-line businesses (Score:5, Funny)