The headline I caught reads, "The crown corporation reported third-quarter earnings on Wednesday that showed the post office segment recorded a before-tax profit of $13 million, compared to a $129 million loss in the same period a year earlier."
This result is in part from an increase in revenue from parcel services. Canada Post says it had anticipated moving 800,000 parcels a day during the holiday season. The actual number of parcels shipped increased by 3 million in the third quarter with revenue up from the previous year by 8 per cent.
I know that the increased revenue comes from other controversial changes like increased prices, the move to community mailboxes and lower employee benefit costs. However, I think we all know and can agree that the crown corporation could not continue to operate with a deficit of $129 million. Something had to change.
Postage cost is just one challenge of selling on eBay. The cost of shipping is much more expensive than the cost of shipping in the U.S. It definitely puts Canadian sellers at a big disadvantage.
I look to the new year to see what the next changes from Canada Post will be. There is always a price increase so that will not be a surprise to me, but I do wonder what else we have to look forward to. Personally, I would like to see tracking on all of Canada Post's parcel services, a feature that many of my American customers expect to see when I ship their parcels.
Treasures By Brenda
You never know what treasures
I might have in store for you!
Facts and figures from The Star business section.
'Tis the season for lovely stories like this one in which a woman breaks a prized Christmas ornament that she purchased at Lord and Taylor in the 1980s when she travelled there with her now-deceased brothers.
Her daughter, seeing her mother remember that Christmas ornament each year, eventually reaches out online for help and readers help her locate the ornament on eBay. Given eBay's vast selection of listings and global community, the fact that they found it on that site really does not really surprise me but it is heart warming that people online helped put the person who wanted to replace a treasured memory together with a seller who had one for sale.
The ornament is a hand blown and hand painted glass Italian Soffieria de Carlini Christmas ornament. You can find the listing here on eBay.
It reminds me, in a way, of last year's viral video about the West Jet Christmas, which you can view here.
The eBay doesn't seem as big or as flashy as the West Jet one but it is still a lovely story that those little girls and boys will remember forever.
Watch the video yourself here:
I hope that giving in one way or another is a part of your holiday season.