Canada Post ended the week with more grim financial news, announcing an operating loss of 221 million Canadian dollars for the first three months of the year. That came on top of an announcement at the beginning of the month that it had lost 748 million dollars last year.
The government-owned postal service has now accumulated more than 3 billion dollars in losses since 2018, and it offered a bleak look ahead in the 2023 annual report it released this month.
