It's hard to imagine Canada without Canada Post, a company that has existed for 157 years. But there are serious questions raised about the survival of the Crown Corporation, as top executives held their annual general meeting this week and offered a bleak outlook.
04:25 | August 29, 202406:12 | August 28, 202401:46 | 5 hours ago01:55 | August 28, 202402:12 | August 27, 2024It's hard to imagine Canada without Canada Post , a company that has existed for 157 years. But there are serious questions raised about the survival of the Crown Corporation , as top executives held their annual general meeting this week and offered a bleak outlook.
The chair of the board warned the postal service is at a “critical juncture” and that its financial situation is “unsustainable,” having lost nearly $750 million last year. Touria Izri has the details.It's hard to imagine Canada without Canada Post, a company that has existed for 157 years. But there are serious questions raised about the survival of the Crown Corporation, as top executives held their annual general meeting this week and offered a bleak outlook.
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