Canada Post reports $407 million Q2 loss as parcel volume suffers

Canada Post Announces Largest Single-Quarter Loss of $407M

Canada Post has reported a second-quarter loss of $407 million for 2025, marking the largest quarterly loss the struggling Crown corporation has announced to date. The before-tax loss was the result of a 37 percent drop in parcel revenue and volumes, Canada Post said an Aug. 26 statement, a situation it attributed to customer uncertainty as extended contract discussions continue with its union. There was an increase in “transaction mail” such as…

Canada Post records worst-ever quarterly loss, with labour strife contributing 'significantly' to deteriorating outlook

Canada Post Corp.'s finances continue to deteriorate as the Crown corporation reported its worst-ever quarterly results, which it attributed to ongoing labour strife.

Canada Post reports $407-million quarterly loss, blames union overtime ban

Crown corporation has lost billions of dollars over several years, recording its record quarterly loss as collective bargaining resumes

Canada Post reports $407-million record loss in 2nd quarter. Here’s why

Canada Post reported a record $407-million loss in the second quarter of 2025, with over 50 per cent of year-to-date losses occurring in June, when labour uncertainty was at its peak. Here’s what Canadians need to know about the financial hit.

Canada Post loses $407 million in second quarter as customers move to other carriers

Canada Post parcel delivery revenue drops by more than a third in second quarter. An earlier report by mediator William Kaplan said the Crown corporation is effectively insolvent.

Canada Post reports $407 million Q2 loss as parcel volume suffers

Canada Post reported at a loss before tax of $407 million in its second quarter as its parcels business fell due to labour uncertainty.