Canada Post CEO Touts ‘Early Signs’ of Recovery Even as Financial Woes Persist
Canada Post has begun to show “early signs” of financial recovery, its CEO says, as the beleaguered Crown corporation starts to step back from the fiscal cliff. At its annual public meeting, Doug Ettinger said Canada Post is winning back some of the parcel delivery market that has slipped away since 2019. To make those […]
TL;DR
- Canada Post is showing "early signs" of financial recovery.
- The company is winning back parcel delivery market share lost since 2019.
- New strategies involve shipping discounts for small businesses and a direct-to-consumer online marketplace.
- CEO Doug Ettinger expressed confidence in the organization's direction and its role as crucial national infrastructure.