Canada Post could cut delivery to 3 days as it faces $327M operating loss

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.