The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.

Ottawa will extend a $1-billion loan to Canada Post to keep the Crown corporation afloat as it faces significant financial hurdles, including the maturing of $500-million in bonds that have to be ...

Canada Post is in discussions with the federal government about its increasingly precarious financial situation, and is seeking help from Ottawa to resolve a liquidity issue that could affect its ...