Canada Post Needs Bailout After $541M Loss
Canada Post reports unprecedented $541 million quarterly loss, citing strikes and customer migration to competitors. The crown corporation requires another government bailout to continue operations.
Category : Search result: postal costs increase
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in third quarter 2025. Learn about the financial challenges and what's next for Canada's postal service.
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025. Explore the financial challenges and future outlook for Canada's postal service.
Canada Post Reports $541M Loss in Q3 2025
Canada Post faces staggering $541 million pre-tax loss in third quarter, marking unprecedented financial crisis for national mail service. Learn what's behind the massive deficit.
Canada Post Needs Short-Term Cash to Stay Solvent
Canada Post requires emergency short-term financing as strike-related losses mount. The postal service will exhaust its $1 billion government loan three months early.
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025 amid declining mail volume and increased competition. Learn about the challenges facing Canada's postal service.
Canada Post reports $541M loss in third quarter 2025
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025 as digital transformation challenges traditional mail services. Learn how this impacts Canadian postal services.
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in third quarter 2025. Learn about the financial challenges and future outlook for Canada's postal service.
Canada Post reports $541M loss in third quarter
Canada Post faces unprecedented $541 million pre-tax loss in Q3 2025 amid declining mail volumes and rising costs. Learn what's behind the financial crisis.
Canada Post Insolvent Amid Strikes, $5M Daily Losses
Canada Post faces effective insolvency with $5M daily losses and rotating strikes. Learn how holiday mail delivery is affected and what reforms are planned.
London Budget 2026: 3.4% Tax Increase Approved
London City Council finalizes 2026 budget with 3.4% property tax increase, extended free core parking, and health unit loan repayment plan. Get the latest details.
Regina forecasts 15.69% mill rate increase for 2026
Regina residents face significant property tax increases as city administration reveals 15.69% mill rate hike in preliminary 2026-27 budget documents. Learn what's driving the proposed increases.
Regina's 2026 budget forecasts 15.69% tax hike
Regina's draft 2026 budget proposes a 15.69% property tax increase, adding about $33 monthly for the average homeowner. Learn how this affects city services.
Ottawa plans $1M festival funding through hotel tax hike
Ottawa unveils plan to boost local festivals with $1 million annual funding from proposed hotel tax increase. Learn how this impacts city's cultural scene.
Edmonton Proposes 6.4% Property Tax Increase for 2026
Edmonton's 2026 budget reveals a proposed 6.4% property tax increase to fund $3.8 billion in city costs. Learn how this affects services and long-term planning.
Halifax faces 10.5% property tax hike or service cuts
Halifax council debates painful budget choice: implement 10.5% property tax increase or cut municipal services. Key decisions ahead for residents.
Montreal crime tips surge with $5,000 reward ceiling
Info-Crime Montreal reports significant increase in public tips after raising maximum reward to $5,000. Community engagement crucial for solving crimes.
TTC Line 2 Service Returns to Pre-Pandemic Levels
Toronto's TTC increases Line 2 service to pre-pandemic levels as office workers return. Mayor Chow announces trains every 2.5 minutes during rush hour. Read more about transit improvements.
Lakeshore proposes 4% tax increase in 2026 budget
Lakeshore residents face a 4% property tax increase under the 2026 draft budget. Learn how this affects municipal services and community funding in Ontario.
Orillia mayor uses strong powers to stop tax increase
Orillia's mayor has exercised strong mayor powers to veto a proposed property tax increase. Learn how this decision impacts the city's budget and residents.
Canada Post Effectively Insolvent, Losses Top $1B
Canada Post CFO declares the crown corporation 'effectively insolvent' as financial losses exceed $1 billion in 2025. Learn about the crisis facing Canada's postal service and its workforce challenges.
Canada Post to lose 30K workers by 2035
Canada Post anticipates losing 30,000 employees to retirement and voluntary departures by 2035, creating significant workforce challenges for the national postal service.
London mayor pushes back against tax rate reduction
London Mayor faces opposition from Coun. Susan Stevenson seeking deeper tax cuts in 2026 budget. Get the latest on municipal financial debates.
Alberta highway speed limit increase criticized as risky
Critics argue raising Alberta's QEII Highway limit to 120 km/h saves minimal time while dramatically increasing crash severity. Physics shows impact force jumps 19% at higher speeds.
Edmonton council faces 6.4% property tax increase
Edmonton's new city council learns a 6.4% property tax levy increase is projected to cover growing municipal costs. Mayor Andrew Knack explains this addresses past pandemic-era lows.
Sault Ste. Marie Property Tax Up 5.39% for 2026
Sault Ste. Marie residents face a 5.39% property tax increase for 2026, driven by a significant rise in the police budget. Learn about the financial impact and where your tax dollars are going.
Ottawa may increase parking rates at 15 city lots
Ottawa residents could pay more for parking as the city considers rate increases at 15 municipal parking facilities. Learn how this might affect your daily commute.
Winnipeg 2026 budget adds firefighters, raises taxes
Winnipeg's proposed 2026 budget includes expanding firefighter complement while increasing property taxes. Learn how the city plans to balance public safety with fiscal responsibility.
Canada Post Strike: Public Indifference Grows
As Canada Post rotating strikes continue, many Canadians remain unaffected. Explore why public apathy prevails and what this means for postal workers' demands.
Barrie's 2026 budget approved with no tax hike
Barrie City Council has approved the 2026 operating budget with zero percent tax increase. Learn how the city plans to maintain services without raising costs for residents.
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