Canada Post is going to strike again… So $1-billion didn’t help? Is it a greediness or just a stupidity?

Canada Post has got $1-billion loan from federal government amid financial struggles in January 2025.

It looks like The Crown Corporation still has “significant financial challenges.”

Canada Post says that while the funding will help it “maintain its solvency and continue operating,” the loan will not solve its structural issues. It says it has incurred significant annual losses since 2018 “fuelled by rapid changes in the postal and parcel delivery sectors, high labour costs and legacy regulatory measures.”

Canada Post continue paying bonuses to their employees on all levels. How any business can claim to be “financially struggling” while giving out bonuses of any size to any of the employees is beyond me.

Public Services and Procurement Canada says the money will be provided on an as-needed basis to pay non-discretionary obligations, noting Canada Post would have fallen short of its necessary operating cash requirements in 2025 despite recently raising the price per stamp.

Canada Post calls it a “needed financial bridge” to ensure Canada Post can continue operating but it looks like “the dead end”, considering The Second Strike preparations.

$1-billion loan is a significant amount of money even for a big country like Canada. When I consider to take a loan, I also consider how I’m going to return the money. To take a loan is easier than to give the money back. Does Canada Post has a plan to improve the company condition and be able to pay back? Or is it “one way ticket to the blue”?

There are so many things Canada Post could do since their last “crisis” in December 2024, less than half of a year ago. Did they actually try? Who really needs 5 day/ week mail delivery? Cut it to one day per week, drop staff/ trucks significantly. Canada post is delivery of last resort, if people need next day prime, there are other logistics networks to fulfill.

Canada Union of Postal Workers has an interesting slogan: “Hands Off My Post Office” meaning that they won’t allow the corporation leaders to reduce the pay cheques and the bonuses to employees which could help to improve the company financial situation. Instead they require to keep the service pattern as is and pay more for their unnecessary service.

Not many people left who still use this Royal Post Service and this strike will significantly reduce the remaining mail users. Most of the items I had till recently in my mail box were Canada Post Spam – flyers, post cards, brochures, invitations etc. Recently I’ve placed a big NO FLYERS sticker on my mailbox and it and, maybe you won’t believed it, the number of this Canada Post Spam has significantly reduced. So I recommend using this simple but affective method to avoid junk mail in your mailbox. Try it yourself: