News

The Crown corporation says it has lost $3.8 billion since 2018. News of the latest losses come as a potential postal worker ...
As negotiations continue between the Canadian Union of Postal Workers (CUPW) and the Canada Post, the corporation revealed ...
“The loss from operations excludes any dividends or income from the divestitures,” the report stated, highlighting the limitations of short-term financial measures. This marks Canada Post’s seventh ...
The postal workers union is disparaging what Canada Post called an enhanced offer on Wednesday as the sides struggle to ...
As the Canada Post strike enters its second week, the postal service is facing deeper questions about its long-term viability and mounting financial losses, particularly as low-cost couriers drum ...
Canada Post posted a $841 million loss before tax for 2024, 12.4% worse than 2023’s $748 million shortfall and the seventh ...
On Thursday, the Canadian Union of Postal Workers (CUPW), which represents about 55,000 employees at Canada Post, directed ...
Canada Post, which faces a second labor disruption among unionized workers in seven months, said Wednesday it recorded a pretax loss of 841 million Canadian dollars, or the equivalent of $697.83 ...
In February, Canada Post laid off approximately 50 management employees, calling its financial situation “critical” and its current losses “increasingly unsustainable.” Now, with ...