Sweeping cuts may be ahead for Canada Post as the Crown corporation faces a $327 million operating loss, CTV News has learned.
In order to stay afloat, Canada Post is considering:
- reducing home delivery from five to four, or even three, days
- closing some of the 6,500 retail outlets across the country
- consolidating its 21 sorting centres to just major cities.
Read more: Canada Post cuts likely as Crown corporation faces $327M operating loss | CTV News.