How to solve a problem like Canada Post? Even Ottawa isn’t sure – National

How to solve a problem like Canada Post? Even Ottawa isn’t sure – National

Shortly after Canada Post’s top executives warned of “unsustainable” finances and the need for “significant changes” to survive, the federal government has little to say about what solutions are necessary. Board chair André Hudon told the Crown corporation’s annual general meeting Wednesday that the national mail carrier is at a “critical juncture” as it struggles … Read more

Delivery issue: Why Canada Post ‘must change’ to avoid collapse – National

Delivery issue: Why Canada Post ‘must change’ to avoid collapse – National

Canada Post is continuing to bleed money amid fundamental shifts in mail delivery, pushing the Crown corporation to signal that something will have to change if it wants to right the ship. Canada Post reported a $748-million annual loss before taxes for 2023 on Friday, the postal service’s sixth consecutive year in the red. In … Read more