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.
53 Articles
53 Articles
Cambridge Times
ParrySound.comCanada Post recorded another record loss in 2025. Here’s how much and why
Canada Post said its 2025 before-tax loss underscores the severity of its financial situation and highlights the need for modernization, which includes a phase-out of door-to-door mail.
Sudbury Star
Toronto SunCanada Post cutting 30,000 jobs through attrition: Report
Faced with a record-breaking $1.57-billion loss, Canada Post’s management said the Crown corporation will cut thousands of jobs through attrition, according to a report by Blacklock’s Reporter.
Canada Post Reports Record $1.57B Loss in 2025
Canada Post is reporting a loss of more than $1.5 billion before tax last year, a record-breaking figure it attributes to labour uncertainty and challenges in modernization that hindered the mail service’s ability to be competitive. The $1.57 billion loss was $728 million greater than the $841 million the national mail carrier lost before tax in 2024, representing an 86.7 percent annual increase, the Crown corporation said in a press release acc…
Canada Post announced a pre-tax loss of $1.57 billion in 2025, an unprecedented deficit
Canada Post's financial situation continues to deteriorate, as it announced the launch of its transformation plan last week.
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