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Canada Post reports $315M quarterly loss as strike enters second week

  • Canada Post reported a $315 million quarterly loss before tax, compared to a $290 million loss last year.
  • The financial results were impacted by a strike involving about 55,000 workers across the country.
  • The Canada Post Group of Companies, including Purolator, lost $252 million before tax, while Purolator's profit decreased to $62 million.
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