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Canada Post Records Worst-Ever Loss of $1.57 Billion — And Your Mail Delivery Is Changing Because of It

MoneySavings.ca  ·  Economy & Policy Wednesday April 22, 2026  ·  Daily Update Canada Post has reported a staggering $1.57 billion loss before tax in 2025 — its worst financial result ever — and the Crown corporation is now warning that without a dramatic transformation, it cannot survive without continued taxpayer bailouts. The announcement, made Monday, comes as millions of Canadians are about to see significant changes to how — and where — they receive their mail. 2025 Loss (before tax) $1.57B Worst on record Total losses since 2018 $6.1B 8 straight years of losses Parcel volumes fell 32.6% 79M fewer parcels vs. 2024 Federal loans to stay afloat $2B Taxpayer-funded bailout loans How did it get this bad? Canada Post has lost money every year since 2018, accumulating more than $6.1 billion in total losses. The 2025 resu...

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In a heart-wrenching incident that has shaken the city of Ottawa, six individuals, including four children, were found deceased in a home on Wednesday night. The Ottawa Police Service has confirmed that their homicide unit is actively investigating the case. Among the victims was an infant, tragically just months old, marking a profound loss for the community and the nation at large.

The incident occurred in the Barrhaven suburb, where authorities were called to the scene late Wednesday evening. The police have since taken one person into custody and have assured the public that there is no further threat to safety. The identities of the victims and the suspect have been released, revealing the devastating impact on a family new to Canada from Sri Lanka.

This senseless act has prompted an outpouring of grief and support from across the country, as Canadians come together to mourn the loss and extend their sympathies to those affected. The investigation continues, with more details expected to be shared by the authorities as they become available.

As the community grapples with this tragedy, questions arise about the circumstances that led to such a devastating outcome. The nation watches, waits, and hopes for answers, while holding the memories of the young lives lost in solemn remembrance.

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