Overview

• Parcels revenue fell to $475 million from $763 million a year earlier as parcel volume dropped 36.5%, with over half of year‑to‑date losses occurring in June.
• Canada Post says labour uncertainty following CUPW’s May 23 overtime ban drove customers to other carriers, a claim the union disputes.
• Total revenue declined to $1.51 billion from $1.65 billion, while transaction mail rose to $732 million on election-related mailings and a postage rate increase.
• Talks with 55,000 workers have resumed, with CUPW seeking 19% wage increases over four years and limited weekend and part‑time operations; Canada Post has offered 13% and is reviewing the proposal.
• Purolator, partly owned by the Canada Post Group, posted a $82 million profit before tax, roughly flat year over year.