Where Data Tells the Story
© Voronoi 2026. All rights reserved.
Canada Post Corporation (Group) is facing mounting financial losses, with net losses reaching $419M in 2024 and $1.9B since the pandemic. The financial strain has been exacerbated by rising operating costs, declining mail volumes and growing demands for wage increases and improved worker benefits.
The ongoing struggles highlight deeper challenges for Canada Post as it navigates a rapidly changing delivery landscape and labor pressures. In other to stem the tide, the government announced plans to allow Canada Post end door-to-door mail delivery to individual addresses and close or convert some post offices in a bid to stabilize its operations and restore its financial footing. As Canada Post remains reliant on its operations for survival, the question looms: Can the Corporation reinvent itself to achieve sustainability amid rising challenges?