The Canadian Taxpayers Federation is urging MPs to oppose federal bailouts for Canada Post, following what it says is another $1 billion in government funding for the Crown corporation.
The latest assistance, announced by Public Services and Procurement Canada, builds on the $1.034 billion in "repayable funding" made available in January 2025. Both amounts are intended as temporary bridges to maintain solvency and ensure continued mail and parcel delivery amid ongoing financial pressures.
Canada Post, which has reported cumulative operating losses exceeding $5 billion since 2018, according to government and Canada Post statements, including record quarterly shortfalls will repay the funds as revenues allow.
The federal government emphasized the support protects essential services while the corporation pursues long-term reforms.
Franco Terrazzano, federal director of the Canadian Taxpayers Federation said MPs should demand Canada Post “pays back every cent of the money they’re taking from taxpayers,” and if it does not, Parliament should ask “who is getting fired.”
He said MPs must oppose future bailouts, arguing, “The last billion dollar bailout to Canada Post didn’t seem to do anything.”
Terrazzano said Canada Post has “lost about $3 billion plus over the last seven years,” and said Ottawa should either sell the Crown corporation or require it to operate without taxpayer support.
