Outdated Rules and Mounting Losses: Can Anything Be Done to Fix Canada Post?

Outdated Rules and Mounting Losses: Can Anything Be Done to Fix Canada Post?
Delivery vehicles are seen at Canada Post's main plant in Calgary, Alta., on May 9, 2020. The Canadian Press/Jeff McIntosh
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Canada Post needs drastic measures to staunch the fiscal bleeding and revamp its operations after a tough decade, experts say.

The Crown corporation lost $748 million before taxes in 2023, its second-worst year on record as Canadians sent fewer letters while competitors gobbled up even more of the parcel market.