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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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Devastating Earthquake in Myanmar: Death Toll Surpasses 1,000

A powerful 7.7-magnitude earthquake struck Myanmar on March 28, 2025, leaving a trail of destruction and despair in its wake. The quake, centered near Mandalay, the country's second-largest city, has claimed over 1,000 lives, with more than 2,400 injured and many still missing. 

The disaster has caused widespread devastation, toppling buildings, buckling roads, and collapsing bridges. Rescue efforts are ongoing, but the scale of the destruction, coupled with power outages and limited resources, has made the situation dire. Myanmar's ongoing civil conflict has further complicated relief operations, leaving many communities isolated and in desperate need of aid.

Neighboring countries, including India and China, have stepped in to provide humanitarian assistance, sending rescue teams and essential supplies. However, the full extent of the tragedy is still unfolding, and the death toll is expected to rise as rescuers continue to search through the rubble.

This earthquake is one of the deadliest to hit Myanmar in over a century, highlighting the urgent need for international support and disaster preparedness in the region.

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