News / Purolator speculates to accumulate as it 'future proofs' its delivery business

© Jerome Cid

With so many political and economic uncertainties, 2019 has been anything but a banner year for investment, but Purolator Courier reckons now is the time to act.

Canada’s largest express carrier, a subsidiary of Canada Post, is splurging a cool C$1bn ($761.22m) to ready itself for the years ahead.

According to Purolator president and chief executive John Ferguson, the investment plan for the coming five years will “future-proof” his company’s business.

“Purolator has experienced record growth over the past three years. We picked ...