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Canada Post segment reports $50-million loss before tax in second quarter
The Canada Post segment recorded a loss before tax of $50 million for the second quarter of 2019, as continuing declines in mail volumes were offset by parcels volumes growth that was more modest than the significant growth rates of a year ago.
Read moreCanada Post segment reports $53-million profit before tax in second quarter
The Canada Post segment reported a profit before tax of $53 million for the second quarter of 2014 compared to a loss before tax of $104 million in the same quarter of 2013. For the first two quarters of 2014, the segment reported a profit before tax of $26 million, compared to a loss before tax of $36 million for the same period in 2013.
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