Canada Post Reports $541M Loss in Q3 2025
Canada Post faces staggering $541 million pre-tax loss in third quarter, marking unprecedented financial crisis for national mail service. Learn what's behind the massive deficit.
Category : Search result: postal service deficit
Canada Post Needs Short-Term Cash to Stay Solvent
Canada Post requires emergency short-term financing as strike-related losses mount. The postal service will exhaust its $1 billion government loan three months early.
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025 amid declining mail volume and increased competition. Learn about the challenges facing Canada's postal service.
Canada Post reports $541M loss in third quarter 2025
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025 as digital transformation challenges traditional mail services. Learn how this impacts Canadian postal services.
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in third quarter 2025. Learn about the financial challenges and future outlook for Canada's postal service.
Canada Post reports $541M loss in third quarter
Canada Post faces unprecedented $541 million pre-tax loss in Q3 2025 amid declining mail volumes and rising costs. Learn what's behind the financial crisis.
Ottawa Budget Ignores OC Transpo's Crippling Deficits
Ottawa's 2026 budget offers no solution for OC Transpo's unsustainable deficits, relying on uncertain provincial bailouts while transit faces $140M annual shortfalls.
Canada Post Insolvent Amid Strikes, $5M Daily Losses
Canada Post faces effective insolvency with $5M daily losses and rotating strikes. Learn how holiday mail delivery is affected and what reforms are planned.
O-Train Line 1 Service Restored Following Power Issue
Regular O-Train service has resumed on Line 1 after a power system defect caused disruptions. Ottawa commuters can now return to normal transit schedules following repairs.
Carney's Budget Shows Same Fiscal Traps as Trudeau
New research reveals Mark Carney's government may be repeating Justin Trudeau's fiscal forecasting errors. Learn how optimistic budgeting affects Canada's economy.
PBO: Low Chance Carney Govt Hits Fiscal Targets
Canada's budget watchdog reports a mere 7.5% probability the Carney government will achieve its key fiscal anchors, including reducing the deficit-to-GDP ratio. Read the analysis.
U.S. Trade Deficit Drops 24% as Tariffs Cut Imports
The U.S. trade deficit saw a dramatic 24% decline in August 2025 as Trump's tariffs reduced imports. Get the full analysis of economic impacts and market reactions.
Windsor-Essex school board re-elects chair
Gale Simko Hatfield re-elected as chair of Greater Essex County District School Board while addressing challenges including trustee resignations and financial deficits.
Conservatives Weigh Election Over Carney's $78B Deficit
Conservative leader Pierre Poilievre faces critical decision on triggering election to block Mark Carney's budget with $78 billion deficit. Analysis of political risks and policy opportunities.
PBO reveals Liberal budget accounting tricks
Parliamentary Budget Officer confirms $94B in Liberal 'capital investments' don't meet standard definitions, exposing fiscal manipulation in Carney's first budget.
Carney's accounting tricks fail to impress
Parliamentary Budget Officer finds Carney government's capital spending definition 'overly expansive' in new report. Read the full analysis of Canada's fiscal framework.
Canada Post Effectively Insolvent, Losses Top $1B
Canada Post CFO declares the crown corporation 'effectively insolvent' as financial losses exceed $1 billion in 2025. Learn about the crisis facing Canada's postal service and its workforce challenges.
Canada Post to lose 30K workers by 2035
Canada Post anticipates losing 30,000 employees to retirement and voluntary departures by 2035, creating significant workforce challenges for the national postal service.
Cloudflare outage hits X, ChatGPT, and major services
A widespread Cloudflare outage disrupted services like X and ChatGPT, affecting users globally. The company is working on a fix. Read the latest updates.
Cloudflare Outage Disrupts ChatGPT and X Services
A widespread Cloudflare outage on November 18, 2025, caused major disruptions to ChatGPT, X, and numerous internet services. Learn how this infrastructure failure impacted users globally.
Federal public service cuts exceed attrition capacity
Analysis reveals Canadian government's plan to cut 40,000 public service jobs by 2028-29 cannot rely solely on attrition. Departments like CRA face significant challenges despite early retirement incentives.
U.S. to slash food tariffs, lower Swiss import fees
The Trump administration announces major tariff cuts on food items like coffee and bananas to address inflation, alongside new trade deals with Argentina, Ecuador, and El Salvador.
N.B. projects highest deficit in two decades at $834.7M
New Brunswick faces its largest budget deficit in two decades at $834.7 million. Learn how this impacts provincial finances and what it means for taxpayers.
Operating spending driving deeper deficits: PBO
Parliamentary Budget Officer reveals Ottawa's operational expenses, not capital investments, are primarily responsible for growing budget deficits. Learn the fiscal implications.
Ottawa public service cuts: 2.5% workforce impact
A new report reveals federal public service cuts will affect 2.5% of Ottawa's workforce, but economists explain why the city will weather this storm better than 1990s austerity.
Canada Post Strike: Public Indifference Grows
As Canada Post rotating strikes continue, many Canadians remain unaffected. Explore why public apathy prevails and what this means for postal workers' demands.
Fitch Warns of 'Slippery Slope' for Canada's Finances
Fitch Ratings maintains Canada's AA+ credit rating but warns of fiscal risks from rising deficits and debt. Learn about the agency's concerns and what it means for the economy.
North Bay Hospital Cuts 40 Jobs, Union Plans Protest
Unionized workers at North Bay Regional Health Centre will protest Wednesday after hospital announces 40 position cuts to address $5.6 million deficit. Rally planned.
Retired Service Dog Remains Devoted to Windsor Veteran
A Windsor veteran shares how her retired service dog continues to demonstrate behaviors from her PTSD support role, showing the lasting bond between handler and animal.
Canada Post Submits Service Overhaul Plan to Government
Canada Post has delivered a proposal to transform its postal services following a federal directive. The plan aims to address financial sustainability while modernizing operations.
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