Canada Post Puts Forward ‘Final Offers’ to Union, Posts $1.3B Loss for 2024

Canada Post Puts Forward ‘Final Offers’ to Union, Posts $1.3B Loss for 2024
Canada Post signage and parked vehicles are seen at a Canada Post mail sorting facility during a nationwide strike action in Ottawa, on Nov. 18, 2024. The Canadian Press/Spencer Colby
The Canadian Press
Updated:
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Canada Post said it notched nearly $1.3 billion in operating losses last year as the beleaguered institution laid out its “final offers” to the union representing 55,000 workers after negotiations resumed on Wednesday.

The Crown corporation has now posted seven consecutive annual losses, amounting to $3.8 billion before tax since 2018, it said.