Canada Post is transforming its information technology (IT) model to better serve the changing needs of Canadians and businesses and continue to lead in the rapidly evolving parcel delivery market.
/CNW/ - Canada Post recorded a loss before tax of $254 million in the second quarter of 2023 as revenue fell across all lines of business. The Canada Post.
Canada Post recorded a loss before tax of $548 million in 2022, as growing competition in the parcel delivery sector, combined with economic uncertainty and reduced consumer spending, negatively affected parcel volumes and revenue.
/CNW/ - Canada Post recorded a loss before tax of $227 million in the third quarter of 2022 as parcel volumes fell compared to elevated levels a year earlier.