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Canada Post reports record loss of $1.57B in 2025
The company blamed strike disruptions and federal rules as it plans to move 4 million addresses to community mailboxes.
- On Monday, Canada Post reported a record $1.57 billion loss before tax for 2025, nearly double the $841 million deficit recorded in 2024.
- Labour uncertainty caused parcel volumes to fall by 79 million pieces in 2025, contributing to a $315 million revenue decline while the corporation has recorded more than $5 billion in losses since 2018.
- To improve financial sustainability, Canada Post plans to switch four million addresses from doorstep delivery to community mailboxes over five years, starting with 136,000 addresses in 13 communities including Ottawa and Winnipeg to save about $400 million annually.
- Members of the Canadian Union of Postal Workers began voting Monday on a five-year collective agreement, though the union's president urged rejection despite 60 per cent of the union board endorsing the deal.
- Canada Post is proceeding with "transformative measures" to modernize services following more than two years of labour disputes, as federal reforms aim to return the company to financial sustainability for Canadians.
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23 Articles
23 Articles
Canada Post's financial situation continues to deteriorate, as it announced the launch of its transformation plan last week.
·Montreal, Canada
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castanet.net+13 Reposted by 13 other sources
Canada Post reports record $1.57-billion loss in 2025
Canada Post is reporting a $1.57-billion loss before tax for 2025.
·Kelowna, Canada
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Canada Post announces a pre-tax loss of $1.57 billion for 2025.
·Montreal, Canada
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Total News Sources23
Leaning Left14Leaning Right0Center3Last UpdatedBias Distribution82% Left
Bias Distribution
- 82% of the sources lean Left
82% Left
L 82%
C 18%
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