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Canada Post posts record $1.57B loss and will end door-to-door delivery.
Canada Post reported a record $1.57 billion loss in 2025, an 86.7% increase from the previous year.
The Crown corporation cited a sharp drop in parcel volumes and ongoing labour uncertainty, including a union vote on a new contract.
As part of a restructuring effort, Canada Post plans to end door-to-door delivery for millions of addresses over the next five years.
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Correos de Canadá registra pérdidas de $1.57B y pondrá fin a la entrega de puerta a puerta.