Canada Post bosses and the Canadian Union of Postal Workers squared off in a downtown Ottawa hotel on Monday, the first day ...
Canada's national mail carrier is laying off nearly 50 managers to save money, CBC News has learned. The job cuts include ...
The projection Canada Post was set to run out of money by July did not include the effects of last year's nationwide postal strike.
The federal government is loaning Canada Post more than $1 billion to help the struggling Crown corporation stay solvent and keep operating, in the wake of a bitter strike last year. The ...
The Crown corporation says the repayable funding will help it maintain operations but would not help in its structural issues as it faces consistent financial losses.
Canada Post said significant change was needed to modernize its operating model and preserve the national postal service.
The Industrial Inquiry Commission heard from Canada Post chief executive Doug Ettinger, who emphasized the Crown corporation’s challenging financial reality and its “need for change right now” if it ...
Canada Post has suspended mail delivery and pickup across Ontario on Thursday (Feb. 13), citing “inclement weather and snow.” ...
Public Services and Procurement Canada announced on Friday (Jan. 24) it intends to exercise provisions under the Canada Post Corporation Act that will allow the cash-strapped Crown corporation to ...
Ottawa will extend a $1-billion loan to Canada Post to keep the Crown corporation afloat as it faces significant financial hurdles, including the maturing of $500-million in bonds that have to be ...
Additional details can be found in the investor information section of the Corporation’s website, www.ExchangeIncomeCorp.ca. The dividend is designated as an “eligible” dividend under the Income Tax ...
Canada Post CEO Doug Ettinger emphasized to the Industrial Inquiry Commission the Crown corporation’s challenging financial reality and its urgent need for change if it wants to remain solvent.
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