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.

  • FfaerieOxide@kbin.social
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    10 months ago

    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.

    • 9488fcea02a9@sh.itjust.works
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      10 months ago

      Wtf, CBC… You’re both crown corps…

      “CBC recorded a $xxx million loss” would be an equally stupid thing to say… These are gov’t services to citizens

    • corsicanguppy@lemmy.ca
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      10 months ago

      This mirrors the enshittification of the USPS almost exactly.

      It’s getting hard to keep track of the current letters in-flight to our local representatives and just what half-assed response they’ve given if any.