{"id":77141,"date":"2025-09-25T17:17:45","date_gmt":"2025-09-25T21:17:45","guid":{"rendered":"https:\/\/wawa-news.com\/?p=77141"},"modified":"2025-09-25T17:20:50","modified_gmt":"2025-09-25T21:20:50","slug":"government-of-canada-instructs-canada-post-to-begin-transformation","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2025\/09\/25\/government-of-canada-instructs-canada-post-to-begin-transformation\/","title":{"rendered":"Government of Canada instructs Canada Post to begin transformation"},"content":{"rendered":"

\"\"<\/a>Today, the Honourable\u00a0Jo\u00ebl Lightbound, Minister of Government Transformation, Public Works and Procurement, issued the following statement:<\/p>\n

“Canada Post is a national institution, older than our country itself, that has been serving Canadians for more than 150 years. For generations, postal workers have connected communities in every corner of the country, providing an essential lifeline to hundreds of northern, Indigenous, and rural communities. Canadians continue to rely on it today, and it remains a vital public service.<\/p>\n

At the same time, Canada Post is now facing an existential crisis. Since 2018, the corporation has accumulated more than $5 billion<\/span> in losses. In 2024 alone, it lost over $1 billion<\/span>, and in 2025, it is already on track to lose close to $1.5 billion<\/span>. Earlier this year, the federal government provided a $1-billion<\/span> injection to keep the corporation operational. In the second quarter of 2025, Canada Post posted its worst quarterly results ever, losing $407 million<\/span>. Today, the corporation is losing approximately $10 million<\/span> every day.<\/p>\n

Twenty years ago, Canada Post delivered 5.5 billion letters annually. Today, it delivers only 2 billion, even as the number of households has grown. That means fewer letters are being delivered to more addresses, while fixed costs remain high. At the same time, parcels volumes \u2014 which should have been Canada Post’s growth opportunity \u2014 have declined. In 2019, Canada Post delivered 62% of parcels in Canada<\/span>; today, its market share has dropped below 24%, with private competitors taking the lead. Structural challenges, combined with outdated restrictions and stalled negotiations between labour and management, have further limited the corporation’s ability to adapt.<\/p>\n

This situation is unsustainable. Canada Post is effectively insolvent, and repeated bailouts are not a long-term solution. Transformation is required to ensure the survival of Canada Post and protect the services Canadians rely on.<\/p>\n

In its report released on May 15<\/span>, the Industrial Inquiry Commission, led by William Kaplan<\/span>, identified the scale of the challenge and recommended a path forward. Building on these recommendations, I am announcing today a series of measures to stabilize the corporation’s finances and enable its modernization.<\/p>\n