An overhaul to Canada Post's operations is on the way after the federal government promised a suite of changes Thursday.

The move comes as labour uncertainty continues to drag on and the mail carrier incurs significant financial losses.

Here's what you need to know about the factors affecting the Crown corporation's future.

What is Canada Post's financial situation?

The mail carrier is hemorrhaging money.

In the second quarter of this year, Canada Post recorded a loss before tax of $407 million. It marked the Crown corporation's largest loss before tax in a single quarter. Canada Post reported a profit of $46 million in the same period a year earlier.

Canada Post lost $448 million before tax in the first half of 2025, following a loss before tax of $30 million in the first half of 20

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