The Canada Post logo is seen on the outside the company's Pacific Processing Centre, in Richmond, B.C., on Thursday June 1, 2017. THE CANADIAN PRESS/Darryl Dyck

Canada Post gets $1-billion loan from federal government amid financial struggles

by The Canadian Press January 25, 2025

written by The Canadian Press January 25, 2025

The federal government is providing a $1-billion loan to Canada Post to help the Crown corporation continue operating amid "significant financial challenges." Canada Post says it was notified it will receive the $1.034 billion in repayable funding through the 2025-26 fiscal year. Canada Post says th...

Member Access Required

This article is available to registered HR News Canada members. Membership is free and provides full access to our independent reporting on workplace HR issues across Canada.

Join Free - Sign Up Now

Already a member? Log in below

Canada Post CUPW

The Canadian Press

We're Canada's independent national news agency, delivering news about Canadians to Canadians, 24/7/365. From breaking regional, national and international stories to the biggest events in politics, sports, business, entertainment and lifestyle.

Canada Post gets $1-billion loan from federal government amid financial struggles

Member Access Required

Alberta school support worker strike poised to grow as two more divisions reach impasse

Carpenters’ union gets $14 million to boost workforce training in Ontario

Related Posts

Follow Us