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Canada Post reports $107-million loss before tax in the first quarter
OTTAWA – Canada Post recorded a loss before tax of $107 million in the first quarter of 2023 as Parcels revenue was relatively flat and Transaction Mail and Direct Marketing revenue declined.
Read moreCanada Post segment reports first-quarter profit before tax of $44 million as parcel business grows
Continuing strength in the Parcels line of business contributed to a $44-million profit before tax for the Canada Post segment in the first quarter of 2016. This compares to a profit before tax of $24 million in the same period a year ago.
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