How Canada Post lost $3B in six years | About That - News Summed Up

How Canada Post lost $3B in six years | About That


How Canada Post lost $3B in six years | About ThatNewsDuration 10:15Canada Post has a monopoly on Canadian letter delivery. But financial reports show the Crown corporation has lost $748 million this year alone and is expected to run out of money by early 2025. Andrew Chang explains how - even when parcel delivery is at an all-time high - the company can’t catch a break, and what it means for your mail.


Source: CBC News May 24, 2024 10:56 UTC



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