Canada Post Inc. is selling off its third-party logistics business to a Montreal company, according to a media release Tuesday from the Crown corporation.

  • Poutinetown@lemmy.ca
    25·
    10 months ago

    If a company agrees to buy the business, then it means it has value for them. If that’s the case, why can Canada Post not derive value from SCI, but Metro can? Also, what will they do with the money they earned - will they reinvest it in growing services that are highly in demand?

    • NotMyOldRedditName@lemmy.world
      10·
      10 months ago

      They’re gonna spend the money on a 3rd party logistics company that doesn’t provide as good a service and ends up costing them 10x what they sold this for in yearly fees, delays, excess fuel usage etc. over a decade