Canada Post shed almost $750M in 2015, future currently unsure

It’s difficult to envision Canada without Canada Post, a business that has actually existed for 157 years. But there are significant inquiries elevated concerning the survival of the Crown Corporation, as magnates held their yearly basic conference today and provided a grim expectation. The chair of the board advised the post office goes to a “critical juncture” which its monetary scenario is “unsustainable,” having actually shed almost $750 million in 2015. Touria Izri has the information.