Strategic review of Canada Post announced
OTTAWA, April 21 /CNW Telbec/ - The Honourable Lawrence Cannon, Minister
of Transport, Infrastructure and Communities, and Minister responsible for
Canada Post, today announced that the Government of Canada will conduct a
strategic review of the Canada Post Corporation that will be guided by
established terms of reference.
"We are conducting a strategic review of Canada Post to make sure this
public institution has the right tools and means to fulfil its mandate in the
future," said Minister Cannon. "This review is being conducted with the full
understanding that Canada Post will remain a Crown corporation. In the
changing business context and with new challenges ahead, we want to act now to
make sure it continues to fulfil its mandate: delivering essential, universal
services every day to Canadians, while remaining financially self-sustaining."
The review will focus on four major areas: market and competition; public
policy objectives and responsibilities; commercial activities; and financial
and performance targets. A review of Canada Post has not been conducted since
1995.
The review will be led by an external, independent advisory panel
composed of three members. "I am very pleased that Dr. Robert Campbell has
agreed to chair the panel and that Mrs. Nicole Beaudoin and Mr. Daniel H.
Bader will support him as panel members on this important review," said
Minister Cannon. "I look forward to their report and recommendations, which
are due to me in December 2008."
The panel will be guided by the following four principles:
- Canada Post will not be privatized and will remain a Crown corporation;
- Canada Post must maintain a universal, effective and economically
viable postal service;
- Canada Post will continue to act as an instrument of public policy
through the provision of postal services to Canadians; and
- Canada Post will continue to operate in a commercial environment and is
expected to attain a realistic rate of return on equity.
"The review will be conducted with all Canadians in mind," said Minister
Cannon. "To this end, I have asked the advisory panel to consult with
interested parties, including key stakeholders such as the unions. The
Government of Canada wants a modern Canada Post for the future. We value the
work of its dedicated workforce of over 70,000 employees."
Canadians are encouraged to provide written submissions to the panel by
mail or e-mail, or through the following website:
www.cpcstrategicreview.gc.ca.
A backgrounder with biographies of advisory panel members, a backgrounder
on the Canada Post Corporation and the Government of Canada, and the review's
terms of reference are attached.
http://www.newswire.ca/en/releases/archive/April2008/21/c7758.html
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