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May 24, 2024 · Canada Post reported on Friday that losses in its first quarter, excluding taxes and dividends, more than doubled to $224 million compared with the same period a year earlier amid further...
Oct 20, 2022 · The Canada Revenue Agency doesn't consider a dividend a legal remuneration, which can have severe implications. Jamie Golombek explains.
May 24, 2024 · Canada Post needs drastic measures to staunch the fiscal bleeding and revamp its operations after a tough decade, experts say.
May 25, 2024 · Canada Post ended the week with more grim financial news, announcing an operating loss of 221 million Canadian dollars for the first three months of the year. That came on top of an...
May 31, 2024 · The Crown corporation’s president and CEO said Wednesday that the best way for Canada Post to remain competitive against private companies is to expand mail delivery from five to seven days a...
May 3, 2024 · Canada Post said Friday its financial situation is so grim it could run out of operating funds in less than a year, after the Crown corporation posted another whopping pre-tax loss of $748...
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What would happen if Canada Post did not pay dividends?
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Will Canada Post run out of operating funds?
Is Canada Post running out of money?
May 24, 2024 · Without these dividends, Canada Post’s loss before tax would have been approximately $224 million, compared to a loss before tax of $107 million in the first quarter of 2023. In the first quarter, Canada Post’s revenue declined by $56 million, or 1.5 per cent,¹ compared to the same quarter of the prior year.
