Canada Post reports record $407M loss as labour dispute drags on — Coastal Front

Canada Post reports record $407M loss as labour dispute drags on — Coastal Front

Canada Post has posted the largest before-tax quarterly loss in its history, reporting a $407-million shortfall in the second quarter of 2025 as parcel volumes plunged during protracted labour strife with its unionized workforce. The losses come after Ottawa extended more than $1 billion in repayable funding in January to keep the Crown corporation solvent.With the company still deep in the red despite receiving more than $1 billion in repayable…