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Canada Post Faces Record Loss, Seeks Urgent Financing

Canada Post has reported the largest quarterly loss in its history , underscoring the deep financial challenges facing the Crown corporation. In the third quarter of 2025, the postal service recorded a pre-tax loss of $541 million , a sharp increase from the $315 million loss in the same period last year. The company attributed the downturn to ongoing strike activity and labour uncertainty , which have driven customers to competitors. Parcel revenues — once Canada Post’s most profitable segment — fell by about 40% , with volumes dropping by 27 million pieces in the quarter alone. This decline has been particularly damaging as e-commerce retailers increasingly rely on alternative delivery providers to avoid service disruptions. For the first nine months of 2025, Canada Post has accumulated nearly $989 million in losses , compared to $345 million during the same period in 2024. Executives warned that the corporation is now facing the most severe financial crisis in its history, with o...

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Looming U.S. Port Strike Threatens Supply Chain Stability

 

As the possibility of a U.S. port strike looms, experts warn of severe disruptions to supply chains that could have far-reaching consequences. The potential work stoppage at East Coast and Gulf Coast ports could lead to significant delays, with cargo backlogs lasting for weeks or even months.

Fraser Johnson, a professor at Western University’s Ivey Business School, emphasized the gravity of the situation, stating that an East Coast port strike would be “absolutely devastating” to North American supply chains. The breakdown in contract negotiations between the International Longshoremen’s Association (ILA) and port operators has heightened concerns, with no resolution in sight.

The impact of such a strike would extend beyond the U.S., affecting global trade and logistics. Businesses reliant on timely shipments could face inventory shortages, increased costs, and operational challenges. As the October 1 deadline approaches, stakeholders are anxiously monitoring the situation, hoping for a resolution that averts a major supply chain crisis.


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