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Lightbound Defends Canada Post Overhaul as 'First Step' With Plan Due in Early November

He cites mounting losses at the Crown corporation as the reason for urgent change.

Overview

  • Testifying before a House committee, Joël Lightbound reaffirmed a 45-day deadline for Canada Post to deliver a right-sizing plan, with the action plan due in early November.
  • The policy shift lifts moratoriums on expanding community mailboxes and on closing rural post offices, and relaxes letter delivery standards to prioritize parcel service.
  • Lightbound said the measures could save about $500 million annually, as Canada Post reports roughly $10 million in daily losses after $5 billion in deficits since 2018 and a $1‑billion loan this year.
  • He stressed that rural, remote and Indigenous delivery must be preserved, and noted personalized delivery options for seniors and people with mobility issues.
  • The Canadian Union of Postal Workers is staging a national rotating strike, contests the financial claims, alleges government interference in bargaining, and will appear before the operations and estimates committee next week.