Canada Post reports $407 million Q2 loss as parcel volume suffers
Labor disputes caused a $288 million drop in parcel revenue as Canada Post delivered 25 million fewer packages, intensifying financial challenges amid ongoing contract negotiations.
- Canada Post reported a $407 million loss before tax in the second quarter, blaming an overtime ban by the Canadian Union of Postal Workers for causing uncertainty and a steep 37% fall in parcel volumes and revenue.
- Canada Post has been losing billions cumulatively over several years as letter-mail deliveries decline and it cedes market share for parcels to low-cost competitors operating daily.
- The union is asking for a 19% wage increase over four years with a 9% bump in the first year, while Canada Post offered 13% over four years.
Insights by Ground AI
Does this summary seem wrong?
39 Articles
39 Articles
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
Read Full Article
+4 Reposted by 4 other sources
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.
·Halton Hills, Canada
Read Full Article

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.
·Waterloo, Canada
Read Full ArticleCoverage Details
Total News Sources39
Leaning Left17Leaning Right2Center5Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 21%
Factuality
To view factuality data please Upgrade to Premium