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flag Canada Post receives $1.01 billion loan to avoid collapse, following a prior bailout.

flag The Canadian federal government has approved a $1.01-billion repayable loan to Canada Post to prevent financial collapse and maintain essential postal services. flag The funding, a short-term bridge, follows a previous $1.03-billion bailout from January 2025. flag Canada Post warned its earlier funds would be exhausted by the end of 2025, necessitating immediate support. flag The government stated the aid will sustain operations while the postal service implements reforms to achieve long-term financial stability, despite its legal requirement to be self-sustaining.

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