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Liberal Ranks Grow as Michael Ma Joins Carney’s Team

                      Markham-Unionville MP Michael Ma crossed the floor to join the Liberals on Thursday. In a dramatic political shift on Parliament Hill, Michael Ma, the Member of Parliament for Markham–Unionville, announced on December 11, 2025, that he is leaving the Conservative caucus to sit with the Liberals . His decision follows weeks of consultation with constituents and family, and comes on the heels of Nova Scotia MP Chris d’Entremont’s defection last month. Ma explained that his move was motivated by a desire for “unity and decisive action for Canada’s future.” He praised Prime Minister Mark Carney’s leadership, describing it as a steady and practical approach to tackling pressing issues such as affordability, economic growth, community safety, and opportunities for young families. The floor-crossing is politically significant: the Liberals now hold 171 seats, just one short of a majority in the House of...
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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 operations already exceeding $1 billion in losses year-to-date.

In response, Canada Post has signaled the need for short-term financing to sustain operations. Analysts suggest that government intervention may be required, as the postal service has previously relied on federal support to stabilize its finances.

The mounting losses raise questions about the long-term viability of Canada Post’s current business model. With letter mail volumes continuing to decline and parcel delivery under pressure from both labour disputes and competition, the corporation faces a critical juncture. Without swift financial support and structural reforms, Canada Post risks further erosion of its market position and public trust.


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