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flag Canada lends $1 billion to struggling Canada Post to avert cash shortage by mid-2025.

flag The Canadian government is lending $1 billion to Canada Post to help it continue operations amid financial difficulties. flag The loan will cover non-discretionary expenses but won't address underlying issues like high labor costs and changes in the postal industry. flag Without this funding, Canada Post would have run out of cash by mid-2025. flag The government is working with the postal service on long-term solutions to ensure its financial stability.

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