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Canada Post on Friday reported a loss before tax of $277 million in the three-month period from April through June as the union representing roughly 55,000 postal workers ratified a new multi-year deal that ended years of labour uncertainty.

That second quarter loss was up from a $205 million loss in the first quarter of the year, and down from a $407 million loss reported in the same period a year ago, when the company said in a statement that it “was facing a prolonged period of labour uncertainty in negotiations with the Canadian Union of Postal Workers (CUPW).”

During the first quarter…

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