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Canada Post CEO says he supports government measures to shore up finances

Canada Post faces losses exceeding $10 million daily, prompting government-backed changes that sparked a national strike and a shift to community mailbox delivery for 4 million households.

  • On Oct. 1, 2025, Doug Ettinger, Canada Post CEO, published an open letter endorsing government measures to shore up the corporation's finances as labour unrest continues.
  • The federal government, citing an industrial inquiry earlier this year, adopted recommendations last week after the commission found the Crown corporation effectively insolvent.
  • The overhaul will switch delivery for four million Canadians to community mailboxes over nine years and end daily weekday delivery, while Canada Post says it lost $10,000,000 per day over the summer.
  • Parliamentarians pressed ministers about Canada Post's future and received reserved responses as Francis Scarpaleggia, House Speaker, denied an emergency debate request and Mark Carney, Minister, stressed the need for a viable postal service.
  • Ettinger said the company must become leaner and use attrition to reduce staff, noting thousands eligible to retire over the next five years and pledging to protect rural, remote, northern and Indigenous communities.
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41 Articles

Lean Left

Last Thursday, the federal announced radical changes to save the company's finances, which prompted employees to strike.

·Montreal, Canada
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The Toronto StarThe Toronto Star
+3 Reposted by 3 other sources
Lean Left

Canada Post CEO says he supports Ottawa’s plan to shore up its shaky finances

Federal Procurement Minister Joël Lightbound recently announced sweeping changes to stop Canada Post from bleeding money as mail volumes plummet.

·Toronto, Canada
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Winnipeg Free PressWinnipeg Free Press
+26 Reposted by 26 other sources
Center

Canada Post CEO says he supports Ottawa's plan to shore up its shaky finances

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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Simcoe.comSimcoe.com
+5 Reposted by 5 other sources
Lean Left

Canada Post hints at staff reductions as it prepares restructuring plan

Changes announced Sept. 25 by Joël Lightbound, federal procurement minister, will allow Canada Post to phase out door-to-door mail, replace rural post offices with kiosks in stores and pharmacies and lower some service standards to cut costs.

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  • 78% of the sources lean Left
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Inside Ottawa Valley broke the news in Ottawa, Canada on Wednesday, October 1, 2025.
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