Canada Post segment reports $66-million loss before tax in first quarter

Impacts from COVID-19 began near the end of the quarter OTTAWA, ON–Canada Post recorded a loss before tax of $66 million in the first quarter of 2020, as continued growth in Parcels revenue and volumes was not enough to offset increased costs. Ongoing declines in Transaction Mail and Direct Marketing …

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Canada Post segment reports $135-million loss before tax in third quarter

Parcel growth continues at a slower pace than 2018 OTTAWA, ONov–Canada Post recorded a loss before tax of $135 million in the third quarter of 2019, as ongoing declines in mail volumes were only partially offset by Parcels volume growth. The segment’s loss before tax in the third quarter, which …

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Continuing the tradition of making mail merrier

Mailers can choose from a number of designs to dress up their holiday cards and letters. OTTAWA–For more than five decades, Canadians have enjoyed the opportunity to dress up their December holiday mail with festive stamps. This year, Canada Post continues the tradition – and mailers can choose stamps depicting …

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Canada Post’s Doug Ettinger on the Future of Mail Marketing

By Brendan Read The June issue of DM Magazine published an article, “Letters to the president”, to Canada Post Corporation president and CEO Doug Ettinger. It was a compilation of open letters written by Patrick Bartlett, executive director, National Association of Major Mail Users (NAMMU), Steve Falk, president, Prime Data …

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Canada Post Community Foundation issues grants of $1.2 million to better the lives of children

118 groups across the country will receive funds to help children, as new stamps go on sale to raise funds for next year’s grants OTTAWA–The Canada Post Community Foundation today announced approximately $1.2 million in grants to 118 groups that help children in communities across Canada, as new stamps went …

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MoneyGram Announces New Flat Fee Pricing in Partnership with Canada Post

Simple price structure makes money transfers easier to understand and more affordable MoneyGram money transfer and payment services and Canada Post, a trusted partner for over 15 years, have introduced flat fee pricing for money transfers. Launched on June 10, money transfers of up to $500 cost $10 to send …

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Pay Equity for Postmasters: Canada Post finally settles after 27 years

OTTAWA–The longest-running pay equity dispute at Canada Post has at last come to an end. The Canadian Postmasters and Assistants Association (CPAA), with a membership of over 8,000 working at rural post offices first filed a pay equity complaint in 1992, twenty-seven years ago. It was a complicated case that …

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Canada Post segment posts $270 million loss for 2018

Costs of resolving pay equity and impact of labour disruption surpassed the solid growth in Parcels revenue OTTAWA–Canada Post is reporting a loss before tax of $270 million for 2018. Three main non-recurring items factor into the result: the $280 million cost of resolving pay equity and the estimated $135 …

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Canada Post makes sending and receiving mail even sweeter

Sweet Canada stamps serve up traditional Canadian desserts OTTAWA–Here’s a tasty fact: traditional Canadian desserts offer more than a scrumptious end to a meal. Behind many sweet treats is lore about Canada’s history, such as a pie made from the berries that once helped Indigenous communities survive long prairie winters …

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Canada Post names new President and CEO

Statement from Minister of Public Services and Procurement and Accessibility Carla Qualtrough on New President and Chief Executive Officer of Canada Post Corporation GATINEAU, QC–As Minister responsible for the Canada Post Corporation, I am pleased to announce today the appointment of Doug Ettinger for a four-year term as President and …

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