According to a recent announcement by Canada Post, it lost $1.57 billion in 2025 — the “largest loss before tax” in the Crown corporation’s history. Clearly, privatization is the only viable path forward.

Canada Post’s huge financial loss last year follows nearly a decade of red ink. The organization has lost more than $5 billion since 2018 and had to borrow more than $1 billion (a huge sum of taxpayer money) from Ottawa in both 2025 and 2026 to stay afloat.

OPINION: Privatizing Canada Post will end an archaic boondoggle Back to video

Because Canada Post is a Crown corporation, it operates at the behest of the federal government and has a near monopoly in the postal market. Canadians have no other options if they’re dissatisfied with prices, service quality or delivery times for letter mail.

Canada Post has struggled to modernize its........

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