Feds greenlight $673 million to keep Canada Post afloat this year

The Canadian Press: Despite the reassigned funds, Canada Post will likely need hundreds of millions more to make it through the fiscal year, said Ian Lee, an associate professor at the Sprott School of Business at Carleton University.

“They might be issuing it in two tranches because they understand the optics,” Lee said, framing the funding as “bailouts” that loom less large when doled out in smaller chunks…

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