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Canada Post blames labour disruptions after reporting $541-million loss

Financial Post · Denise Paglinawan · last updated

Canada Post said on Friday that it has lost more than $1 billion from operations so far this year, as it reported $541-million before-tax losses in the third quarter.

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The traditional journalism business model has long since collapsed, and news organizations have shrunk or disappeared entirely. While a number of promising experiments are under way, the public has not shown a willingness to buy what news organizations are selling.

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