Canada Post swings to Q1 loss despite 10 per cent growth in parcels revenues

OTTAWA — Canada Post swung to a $66-million loss before taxes in the first quarter despite a surge in parcel volumes near the start of the COVID-19 lockdown. The segment’s net loss from the period ended March 28, compared with a $23-million profit a year earlier. Revenue increased two per cent to $1.68 billion with […]