Canada Post reports record $1.57-billion loss in 2025

Advertisement

Advertise with us

OTTAWA - Canada Post is reporting a $1.57-billion loss before tax for 2025.

Read this article for free:

or

Already have an account? Log in here »

We need your support!
Local journalism needs your support!

As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed.

Now, more than ever, we need your support.

Starting at $15.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website.

Subscribe Now

or call circulation directly at (204) 727-0527.

Your pledge helps to ensure we provide the news that matters most to your community!

To continue reading, please subscribe:

Add Brandon Sun access to your Free Press subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on brandonsun.com
  • Read the Brandon Sun E-Edition, our digital replica newspaper
Start now

No thanks

*Your next subscription payment will increase by $1.00 and you will be charged $20.00 plus GST for four weeks. After four weeks, your payment will increase to $24.00 plus GST every four weeks.

OTTAWA – Canada Post is reporting a $1.57-billion loss before tax for 2025.

The Crown corporation says the record loss highlights the need to transform and move away from cash injections.

In a news release, Canada Post says the company’s annual loss widened by $728 million, or 86.7 per cent, compared to a loss of $841 million the year before.

Revenue for the year declined by $315 million, or 4.7 per cent, the release says, compared to 2024, as parcel volumes fell “sharply” in large part due to labour uncertainty throughout 2025.

Canada Post workers started voting today on a five-year contract agreement that follows labour strife and their union leader urging they reject the deal.

Canada Post and the union have sparred over wages and structural changes to the postal service for more than two years, and workers have taken to the picket line multiple times.

This report by The Canadian Press was first published April 20, 2026.

— With files from Dylan Robertson

A Canada Post worker fills his truck with mail in Montreal on Tuesday, Dec.17, 2024. THE CANADIAN PRESS/Christinne Muschi
A Canada Post worker fills his truck with mail in Montreal on Tuesday, Dec.17, 2024. THE CANADIAN PRESS/Christinne Muschi
Report Error Submit a Tip

National

LOAD MORE