Canada Post signage and parked vehicles are seen at a Canada Post mail sorting facility during a nationwide strike action in Ottawa, on Nov. 18, 2024. The Canadian Press/Spencer Colby
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Canada Post has reported a second-quarter loss of $407 million for 2025, marking the largest quarterly loss the struggling Crown corporation has announced to date.
The before-tax loss was the result of a 37 percent drop in parcel revenue and volumes, Canada Post said an Aug. 26 statement, a situation it attributed to customer uncertainty as extended contract discussions continue with its union.
Jennifer Cowan is a writer and editor with the Canadian edition of The Epoch Times.
