Canada Post Reports Pre-Tax Loss of $1.1 Billion in 2025
Canada Post reported a pre-tax loss of $1.15 billion in 2025, an 87% increase from the previous year, driven by labor disputes and declining parcel volumes. The company has announced cost-cutting measures, including closing post offices and shifting to community mailboxes, as part of a turnaround strategy. The Canadian government has provided two loans totaling $1.51 billion to support operations.
Tickers: $NA
Topics: financial performance government funding labor dispute loss operational changes