Category : Search result: Canada Post financial losses


Major Canadian Banks Beat Q4 Earnings Expectations

TD, BMO, and CIBC surpassed analyst forecasts in Q4, driven by capital markets and wealth management. Despite economic uncertainty, credit loss provisions remained manageable. Get the full analysis.

Opinion: Canada Post is an expensive relic

Steve Murphy argues Canada Post is a costly, outdated institution. Read his analysis on the future of postal service in Canada and the financial burden on taxpayers.

Domtar Crofton pulp mill closure cuts 350 jobs

Domtar is permanently closing its Crofton pulp mill, eliminating 350 jobs weeks before Christmas. The closure, blamed on lack of affordable wood, deals a devastating blow to B.C.'s forestry sector.

B.C. pulp mill closure leaves 350 out of work

A British Columbia pulp mill is shutting down, resulting in 350 job losses. The closure highlights ongoing challenges in Canada's forestry and manufacturing sectors.

Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Diageo Workers Ratify Plant Closure Deal in Amherstburg

Workers at the Diageo bottling plant in Amherstburg have ratified a closure agreement after the company decided to move operations to the U.S. The deal includes severance and support, but union calls it a 'hard pill to swallow.'

B.C. reviews post-secondary sector sustainability

The B.C. government launches a review of the post-secondary sector's sustainability, blaming federal international student caps for financial crises forcing program cuts at major institutions.

Lethbridge Students Struggle as Semester Ends

Post-secondary students in Lethbridge face mounting academic and financial pressures as the fall semester concludes. Learn about the challenges and resources available.

Canada Post stamp prices to increase in 2026

Canada Post warns stamp price hikes are likely in 2026 as pre-tax losses approach $1 billion. Learn how this affects Canadian mail services and what's driving the financial crisis.

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