Canada Post has announced it will stop delivering regular mail door-to-door to homes in urban centres, as part of sweeping cost-cutting measures. The Crown corporation announced Wednesday that door-to-door delivery will be phased out over the next five years. Those areas – which account for about one-third of Canadian households -- will transition to community mail boxes. Implementation of the changes will begin in the second half of 2014.The first neighbourhoods that will stop receiving door-to-door mail delivery have yet to be announced. The postal service also announced Wednesday that the cost of stamps will be increasing from $0.63 each to $0.85 beginning March 31, 2013. The changes are part of a five-point action plan aimed at returning Canada Post to “financial sustainability” by 2019. A think-tank commissioned by Canada Post warned earlier this year that the postal service will be losing $1 billion a year by the end of this decade. Conference Board of Canada said, in this age of digital communication, the postal service is being hit by a dramatic reduction in the volume of it mail it handles. It estimated $576 million a year could be saved by eliminating of door-to-door delivery for urban homes.Canada Post Unveils Five-point Action Plan
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