Is it Time to Privatize Canada Post?

Andrew Coyne thinks so. Here’s part of his argument:

An elderly Winnipeg couple had their mail service abruptly cut off because their front steps were judged a safety hazard, being two inches taller than the 12-inch maximum;
Homeowners who post a “no flyer” notice on their mailbox have received letters from Canada Post warning them that by refusing to accept delivery of junk mail they are missing out on a chance to be “connected with your local community”;
The corporation has fallen back into its old habit of losing money, after more than a decade in the black. A study by the Conference Board of Canada projects annual losses of $1 billion by the end of the decade. Indeed, as the National Post’s John Ivison has reported, Canada Post itself predicts it will run out of cash as early as next spring, helped along by a $5.9-billion unfunded liability in its pension plan;
It has, however, settled a three-decade old suit with the Public Service Alliance of Canada over pay-equity claims, at an estimated total cost of $250 million;
Meanwhile, the corporation cannot explain what it got in return for hiring Dave Dingwall, the former Liberal cabinet minister, as a consultant, at a cost of a million dollars over six years.