Canada Post lost $748 million last year, warns of 'critical' financial situation | CBC News
Briefly

Canada Post faces unsustainable losses and cash flow issues, predicting future financial challenges without operational changes or additional borrowing and refinancing.
Competing with low-cost labor models from private delivery companies post-pandemic, Canada Post's struggle to retain market share highlights its declining financial state.
Canada Post lost market share in e-commerce, dropping from 62% to 29%, facing challenges compounded by a rapidly changing competitive landscape.
Read at www.cbc.ca
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