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flag Canada Post reports a $315M pre-tax loss, up from $290M last year, amid a national strike.

flag Canada Post reported a $315 million pre-tax loss in Q3 2023, up from a $290 million loss in the same period last year. flag The company's revenue growth in direct marketing wasn't enough to offset declines in parcel results. flag This financial downturn coincides with a national strike involving about 55,000 workers, affecting operations. flag The Canada Post Group of Companies, including Purolator, posted a $252 million pre-tax loss, up from $217 million last year. flag Purolator had a $62 million pre-tax profit, down from $68 million previously.

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