Canada Post's estimate is indeed $60 million to $80 million. However, I believe that deregulation is the central component of this part of the bill. By taking away our exclusive privilege, we're enabling businesses to start up in this sector, which is allegedly profitable. These private businesses that will be exploiting a profitable sector and that will have cheap labour will probably gradually capture other aspects of the exclusive privilege. For us, that's the danger of this deregulation.
On May 11th, 2010. See this statement in context.