Right in the centre - Canada Post is in trouble
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- Published on Thursday, September 12, 2024
By Ken Waddell
Neepawa Banner & Press
The government of Canada has a number of financial disasters on its hands. Some are ongoing like the CBC that sucks up $1.3 billion a year in taxpayers money. Another is Canada Post as between 2018 and 2023 it has lost $3 billion. In the first six months of 2024 CP has reportedly lost $464 million. The Corporation has current loans and borrowings of $1 billion, of which $500 million is due for repayment in July 2025. At least $1 billion in new borrowings or other liquidity measures are required for 2025, including refinancing $500 million in existing debt.
September 6, 2024 - Neepawa Banner & Press
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- Published on Thursday, September 5, 2024
Neepawa Banner & Press
Right in the centre - Fixing the problem
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- Published on Thursday, September 5, 2024
By Ken Waddell
Neepawa Banner & Press
Twice a year, we can be assured that food and nutrition shortages are raising their ugly head in communities across Manitoba. Each Christmas season, we are reminded of an ever increasing need for food and money donations to the local food banks and hamper programs. Now that schools are back in session, we are reminded of an increasing number of students who go to school hungry. To both these situations, I say let’s wholeheartedly support them and make sure no one goes hungry. It’s just the right thing to do.
August 30, 2024 - Neepawa Banner & Press
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- Published on Thursday, August 29, 2024
Neepawa Banner & Press
