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No more Canada Post depot for Port Moody

Canada Post will close its letter carrier depot in Port Moody this fall. But not jobs will be lost, a spokesperson for the Crown corporation said this week.

Canada Post will close its letter carrier depot in Port Moody this fall.

But not jobs will be lost, a spokesperson for the Crown corporation said this week.

The facility on Mary Street is scheduled to move its business to the Port Coquitlam depot on Oct. 19.

"There will be little impact on customers since there is no retail services offered at the Port Moody location," Canada Post's John Caines said by email, noting there is a retail outlet in PoCo.

It is unclear what will be done with the PoMo building, for which Canada Post received city approval in 2013 to add 1,819 sq. ft. That proposed expansion never happened, Caines said.

At the time, Canada Post's manager of construction for Western Canada, Trevor Stupac, told council it was a "serious investment I've never seen such a retrofit," he said.

Said Caines on Tuesday: "We continually review our operations needs and real estate availability from efficiency and best utilization point of view. Based on our latest operational requirements, we looked at all of our options and we are now moving the operation to Port Coquitlam."

The decision came as news to Port Moody city hall, which receives a grant in lieu of taxes from Canada Post. Last year, the municipal portion of the grant was $25,443.

"The amount of the grant will likely depend on what Canada Post ends up using the property for as BC Assessment assesses the value of the property based on the use," a city finance staff member said.

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@jwarrenTC