Canada Post quarterly loss tops $300M as strike hits second week — and rivals step in

MONTREAL — Canada Post saw hundreds of millions of dollars drain out of its coffers last quarter, due largely to its dwindling share of the parcels market — while an ongoing strike continues to batter its bottom line. The Crown corporation said Friday it lost $315 million before tax in the third quarter, larger than … Continue reading Canada Post quarterly loss tops $300M as strike hits second week — and rivals step in