The Canadian federal government, following recommendations from the Kaplan inquiry, is implementing measures to stabilize Canada Post, which is facing significant financial challenges. The plan involves ending a moratorium on rural post offices, adding community mailboxes, and demanding a cost-cutting plan from the corporation to address its daily losses.
10:24 | October 12, 202505:40 | August 28, 202501:32 | October 14, 202502:19 | September 26, 2025On Thursday, Public Services Minister Joel Lightbound said the federal government is adopting recommendations from the Kaplan inquiry to stabilize Canada Post , which he described as “effectively insolvent.
” The plan lifts a 30-year moratorium on rural post offices and adds community mailboxes at four million new addresses. Lightbound has given the Crown corporation 45 days to deliver a cost-cutting plan and find efficiencies to curb its $10 million in daily losses.On Thursday, Public Services Minister Joel Lightbound said the federal government is adopting recommendations from the Kaplan inquiry to stabilize Canada Post, which he described as “effectively insolvent.” The plan lifts a 30-year moratorium on rural post offices and adds community mailboxes at four million new addresses. Lightbound has given the Crown corporation 45 days to deliver a cost-cutting plan and find efficiencies to curb its $10 million in daily losses.1 day ago5 hours ago1 day ago8 hours ago‘Can’t use that on TV’: Watch a Global News reporter jump from the highest bungee jump in Canada42 months ago
Canada Post Government Financial Crisis Postal Services Cost-Cutting
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Food Banks Canada Report: Hunger Normalization Escalates Across CanadaThe 2025 HungerCount Report from Food Banks Canada reveals a concerning trend of increasing food bank usage, with visits nearing 2.2 million monthly. The report highlights the growing financial strain on Canadians, exacerbated by rising living costs, including housing and food prices. Stories of individuals like Kristina Kennedy and Leisa Muthra illustrate the human impact of food insecurity, highlighting the need for comprehensive solutions to address the root causes of hunger.
Read more »
Canada’s GDP and exports drop as tariffs weigh heavy on economy: Statistics CanadaCanada’s economy contracted for the first time in more than a year as U.S. tariffs and weakening global demand triggered a sharp pullback in exports according to a new Statistics Canada report.
Read more »
Canada’s exports drop as tariffs weigh heavy on economy: Statistics CanadaU.S. tariffs on key Canadian goods and weakening global demand triggered a sharp pullback in exports in the second quarter of 2025, according to new data released by Statistics Canada.
Read more »
Canada Post, union set to meet again as rotating strike stretches onCanada Post is heading back to the bargaining table with the union representing thousands of postal workers still on a national rotating strike.
Read more »
Canada Post, union set to meet again as rotating strike stretches onCanada Post is heading back to the bargaining table with the union representing thousands of postal workers still on a national rotating strike.
Read more »
Canada Post, union set to meet again as rotating strike stretches onOTTAWA — Canada Post is heading back to the bargaining table with the union representing thousands of postal workers still on a national rotating strike.
Read more »