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Canada Post Records Worst-Ever Loss of $1.57 Billion — And Your Mail Delivery Is Changing Because of It

MoneySavings.ca  ·  Economy & Policy Wednesday April 22, 2026  ·  Daily Update Canada Post has reported a staggering $1.57 billion loss before tax in 2025 — its worst financial result ever — and the Crown corporation is now warning that without a dramatic transformation, it cannot survive without continued taxpayer bailouts. The announcement, made Monday, comes as millions of Canadians are about to see significant changes to how — and where — they receive their mail. 2025 Loss (before tax) $1.57B Worst on record Total losses since 2018 $6.1B 8 straight years of losses Parcel volumes fell 32.6% 79M fewer parcels vs. 2024 Federal loans to stay afloat $2B Taxpayer-funded bailout loans How did it get this bad? Canada Post has lost money every year since 2018, accumulating more than $6.1 billion in total losses. The 2025 resu...
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French Government to Resign: A Caretaker Transition Amid Political Turmoil

 

French President Emmanuel Macron is poised to accept the resignation of Prime Minister Gabriel Attal and his government by the end of the day. This move comes after an inconclusive snap election, but the current administration will remain in a caretaker capacity until a new cabinet is appointed. Here’s what you need to know:

  1. Caretaker Government: Attal’s government will continue to handle emergency situations and manage current affairs in the euro zone’s second-largest economy. However, they won’t be able to propose new legislation or make significant changes. Notably, this caretaker government will oversee the smooth running of the upcoming Olympics, scheduled to begin on July 26.

  2. Left-Wing Struggles: Left-wing parties are embroiled in a bitter dispute over who should be the next prime minister. The New Popular Front (NFP), an alliance of socialists, Greens, and communists, unexpectedly topped the vote in the recent snap election. However, tensions persist over forming a left-wing government.

  3. Mainstream Alliance: President Macron has called for mainstream parties to forge an alliance, potentially including elements of the NFP but excluding France Unbowed. The urgency to find a solution is high, as Communist party leader Fabien Roussel warns of a potential “shipwreck” if consensus isn’t reached.

In summary, France faces a delicate political landscape as it navigates this caretaker transition. The fate of the next government remains uncertain, and all eyes are on the negotiations between competing factions. Stay tuned for further developments.


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