A Canada Post mailbox is pictured in Richmond B.C. on Sept. 26, 2025. The Canadian Press/Ethan CairnsCanada 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 accompanying its annual report.
Canada Post Reports Record $1.57B Loss in 2025
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