The Crown corporation's massive first-quarter loss was fueled by a prolonged labor dispute and shrinking revenues, accelerating plans for a massive corporate restructuring.
Canada Post lost $205 million in the first quarter of 2026, up from a $41 million loss in the same period last year.
The Crown corporation blamed an on-going labour dispute for the size of the loss, saying uncertainty hit its parcel business especially hard.
Canada Post records Q1 loss of $205 million amid major restructuring | CBC News
Postes Canada annonce une perte avant impôts de 205 millions de dollars au premier trimestre
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The loss comes amid an ongoing labour dispute with workers that the Crown corporation attributed in part to the downturn in its…
La société d’État a vu son chiffre d’affaires chuter de 14,3 % par rapport à la même période de trois mois en 2025.
Canada Post’s financial troubles have been compounded by the ongoing labor dispute and the inability to generate more revenue…
The union, representing over 2,400 marine drafters at Electric Boat, said 85% voted in favor of the ratification of the new…
El Gobierno de Mark Carney presenta un plan para reducir los problemas financieros de Canada Post. En respuesta, el sindicato de…
The Crown corporation and CUPW are deadlocked over the use of part-time workers
