Category : Search result: unprecedented losses


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.

Canada Post Reports $541M Loss in Q3 2025

Canada Post faces staggering $541 million pre-tax loss in third quarter, marking unprecedented financial crisis for national mail service. Learn what's behind the massive deficit.

Canada Post Effectively Insolvent, Losses Top $1B

Canada Post CFO declares the crown corporation 'effectively insolvent' as financial losses exceed $1 billion in 2025. Learn about the crisis facing Canada's postal service and its workforce challenges.

Manufacturing Downtime Costs $852M Weekly - New Report

New research exposes staggering financial losses from unexpected equipment failures in manufacturing, with companies losing up to $852 million weekly due to unplanned downtime and outdated maintenance strategies.

Corus Entertainment Reports $277.1M Q4 Loss

Canadian media giant Corus Entertainment faces significant financial challenges with massive fourth-quarter losses and declining advertising revenue, signaling tough times for broadcast sector.

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