Canada Post bosses and the Canadian Union of Postal Workers squared off in a downtown Ottawa hotel on Monday, the first day ...
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.
OTTAWA — An inquiry into Canada Post kicked off hearings Monday, looking into a month-long strike that ended in government ...
Cash injection will be provided to Crown corporation on an as-needed basis to pay non-discretionary obligations, government ...
In Industrial Inquiry Commission filing, Canada Post said it expects to deplete its cash reserves in the first half of 2025 ...
The federal government is loaning Canada Post more than $1 billion to help the struggling Crown corporation stay solvent and ...
Canada Post will get a $1 billion infusion of funding from the federal government as it deals with what it calls "significant financial challenges." ...
The federal government will lend $1 billion to Canada Post for the 2025-26 fiscal year so that it can continue operating ...
The bridge financing totals 1.03 billion Canadian dollars, or the equivalent of $720 million, and will be provided on an as-needed basis to pay obligations. The government said Canada Post will fall ...
The federal government will provide over $1 billion in repayable funding to Canada Post to maintain solvency amid financial challenges and secure jobs ...
OTTAWA — The federal government is providing a $1-billion loan to Canada Post to help the Crown corporation continue ...
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.