This and the Chinese government subsidises their postal service.
Another example of the Chinese undercutting the true cost of products in order to destroy markets abroad, just like they are trying with EVs.
Or, hear me out, some services don’t have to be profitable, like sending put parcels and letters within a country, healthcare or public transportation. Essential services you know.
Instead of giving money to mega corpos for them to pocket it, we could pay for services that benefit the citizens, just like China is doing for postal services.
My point is that postal service shouldn’t be run as a private company that absolutely needs to turn a profit, just like healthcare for example.
Conservatives love to treat Canada Post as a private company because they can then tell everyone how unprofitable it is and must be dismantled and sold off to private interests. And then, it will cost even more for less services