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Stock impact report

U.S. withdrawal from postal treaty could have implications for Canadian e-commerce businesses [Toronto Globe and Mail (Ontario, Canada)]

Shopify Inc. Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
U.S. withdrawal from postal treaty could have implications for Canadian e-commerce businesses Canadian businesses that ship directly to customers in the United States from countries such as China could face higher costs if the U.S. withdraws from an international postal treaty this fall. Even if the U.S. doesn’t withdraw, it could succeed in obtaining concessions that could lead to a rise in shipping costs from foreign postal services to American destinations. The Swiss-based Universal Postal Union (UPU), established in 1874, acts a co-ordinator for 192 international postal services. It’s why you can send a postcard home from vacation and expect Canada Post to deliver it. Postal services pay one another to complete deliveries. Those payments, called terminal dues, are set by the UPU. Under this system, postal services in developing countries pay less than those in wealthier countries. Story continues below advertisement But the United States says this system – which classifies China a Show less Read more
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