this post was submitted on 12 Jan 2024
24 points (100.0% liked)

Canada

7187 readers
438 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
 

Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation.

you are viewing a single comment's thread
view the rest of the comments
[–] FfaerieOxide@kbin.social 37 points 10 months ago (3 children)

Canada Post recorded a $290 million loss in the third quarter of 2023, while its cost of operations rose by $26 million.

Services don't lose money, services are performed and they cost what they cost.

[–] Radicalized@lemmy.one 20 points 10 months ago

Yeah that’s insane. Canada Post isn’t supposed to make money.

load more comments (2 replies)