fromwww.cbc.ca
5 hours agoCanada Post records Q1 loss of $205 million amid major restructuring | CBC News
Canada Post says it recorded a $205-million loss before tax in the first three months of this year as mail volumes fell. That amounts to a $164-million decline in revenue compared with the same period last year, when the Crown corporation posted a $41-million loss pre-tax. Revenues also fell by $181 million, or 14.3 per cent, in the first quarter year-over-year.
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