Canada Post is bleeding taxpayers dry.

In 2024 alone, it saw revenues fall by $800 million — a staggering 12.2 per cent year-over-year decline. These grim figures forced a $1-billion taxpayer bailout in January.

And the crisis is far from over.

Beginning in 2026, Canada Post itself projects it will need another $1 billion every year simply to survive.

This is not a temporary slump. It is a structural failure.

Since 2018, Canada Post has posted cumulative losses of more than $3.8 billion. The message is clear: Canadians aren’t getting mail — they’re getting fleeced.

Yet despite overwhelming evidence of collapse, proposals to privatize the service continue to face resistance from those nostalgic for a bygone era. That nostalgia is costly.

Every billion-dollar bailout is a billion doll

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