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The head of Canada Post says it is showing “early signs” of financial recovery despite falling revenue and bigger losses in the first half of the year.
CEO Doug Ettinger says the postal service is winning back some of the parcel delivery market that has slipped away since 2019 as it continues with shipping discounts for small businesses and pushes a new online marketplace for them to sell products directly to consumers.
However, he says Canada Post remains “overbuilt” in cities and must be smaller in those urban areas in the future.
Switching the remaining four million addresses that still enjoy doorstep delivery to community mailboxes within about five years marks a key pillar of Canada Post’s plan to overhaul its business model in the face of declining letter mail and mounting financial losses.
The Crown corporation is launching an online tool Thursday that lets customers with door-to-door delivery enter their postal code to see when their area is slated for conversion to a community mailbox, with the first in more than 10 years completed a few days ago in Winnipeg and Sept-Îles, Que.
In August, Canada Post reported losses of $277 million before taxes for the second quarter of the year, marking an improvement from the $407 million in pre-tax losses a year earlier.
This report by The Canadian Press was first published Oct. 22, 2026.
Copyright 2026, The Canadian Press. All rights reserved.
British Columbia NDP Leader David Eby campaigns in Vancouver and Richmond today after wrapping his swing through the vote-rich city of Surrey with a rally.
Hundreds of people attended the gathering near City Hall on Wednesday.
Eby made six stops in the Surrey-Delta area throughout the day to meet with seniors and visit a trucking company.
Meanwhile, interim B.C. Conservative leader Lorne Doerkson is set to make an announcement in B.C.'s second-largest city, where 10 ridings are up for grabs.
He's also expected to hold a rally in Surrey later tonight.
Advance voting also wrapped up on Wednesday, ahead of Saturday's election.
This report by The Canadian Press was first published Oct. 22, 2026.
By Wolfgang Depner | Copyright 2026, The Canadian Press. All rights reserved.
Officials are set to provide an update today about a devastating fire at a Canadian military base in Alberta that left four soldiers dead and dozens more injured.
Maj.-Gen. Wade Rutland of the 1st Canadian Division has said Saturday's blaze began as a grass fire, but a violent windstorm sent flames racing toward soldiers training at Canadian Forces Base Wainwright.
The fire initially sent 39 wounded to various hospitals, and officials said Wednesday that number was down to 27, with 13 in critical condition.
Roughly 150 people attended a vigil late Wednesday at a church in the nearby town of Wainwright, Alta., southeast of Edmonton.
Prayers were said, songs were sung and the names of those killed were read aloud, followed by a moment of silence.
Mayor Bruce Pugh says the last few days have been tough, but activities at the base have started to return to normal.
This report by The Canadian Press was first published Oct. 22. 2026.
Copyright 2026, The Canadian Press. All rights reserved.