Canada Post Racks Up $7.5M in Parking Fines

Canada Post letter carrier 2

CBJ — For the past few years Crown corporation Canada Post accrues nearly $1 million in annual parking tickets and has doled out about $7.5 million in total.

The reason for the large number of fines has been pinned on drivers finding it harder to navigate through increasingly congested city streets and a place to temporarily park while unloading parcels to recipients.

According to The Canadian Press, the vast majority of fines are in the Greater Toronto Area, where congestion now borders on the absurd in some areas.

Data indicates the worst year was in 2016 with $943,293 paid, slightly more than last year’s $914,831, and almost quadruple the $289,908 recorded in 2009.

Overall, the fines are barely a rounding error for Canada Post, which lost $270 million last year on revenue of $6.6 billion dollars — three-quarters of the corporation’s total revenues.

@CanBizJournal

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