Canada Post paid its executives and managers $30.8 million in performance-based bonuses in 2025, despite reporting record losses and receiving a substantial government payout.
The mail carrier reported in April that it lost a record-breaking $1.57 billion before tax in 2025, citing labour uncertainty. The federal government also gave the company up to $673 million in May so Canada Post could “meet its operating and income” demands through next March.
A loss of $205 million before tax was also reported in the first quarter of 2026.
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In an emailed statement to Global News, a spokesperson with Canada Post said that “excluding employees represented by APOC and PSAC, Canada Post has 2,377 management employees at all levels across the country, including 417 at the executive level,” representing “less than one per cent of our total annual labour expenses.”
“We are undergoing the biggest transformation in our history. It’s a major, multi-year job that requires us to retain the talented and experienced people needed to lead and deliver these changes for Canadians,” the Crown corporation said.
“After careful consideration, the board approved payments within the at-risk performance program, which involves roughly 7,000 employees. Two-thirds of these employees have it established in their collective agreements for years. The program includes a wide range of employees from postal clerks, front-line supervisors and accommodation experts to management who are all vital to our transformation.”
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Canada Post’s statement also noted that “With our financial situation, we understand the optics and the concerns this decision will raise.”
“These payments are part of an existing compensation program and are funded from Canada Post’s own revenues, not the repayable government bridge funding we’ve received. Our objective is to re-establish a sustainable, reliable postal service for all Canadians that can pay back those loans as quickly as possible,” the statement reads.
The Canadian Taxpayers Federation on Tuesday highlighted the information in one of the documents Canada Post had submitted to the House of Commons Standing Committee on Government Operations and Estimates on July 9.
Typical of management in almost all big businesses, they are losing money day after day but feel “ENTITLED” to bonuses
Why is it that these big businesses that fail reward their executives with millions of dollars they should be replacing them…it’s a good way to spend your tax dollars eh?
MY HARD EARNED MONEY going to pay FOR BONUSES? I am FED UP with POLITICIANS IN POWER taking all my money for bonuses and high priced spending in hotels and all the other various government meetings. I worked my behind off to make this money just so politicians in power could take it to hand over to others – as bonuses. I no longer even WANT TO HAND OVER any more of my hard earned money to any level of government because they always find ways to “steal” it – in the way of bonuses for one way.
Absolutely disgusting. Bonuses are traditionally given for good performance, not the 1.5 billion dollar a year epic failure of a business.
CP needs to do two things for starters: get rid of the Union and cut the management by at least 50 percent, at least.
The Union knows the coffers are empty but they keep coming up with unreasonable pay demands. Also, going on strike right before the busiest time of the year (Christmas) is a very poor way to garner customer respect. How many businesses that relied on CP services had to scramble for other delivery options, or go bankrupt? If I were one of those businesses, I would not come back to CP as there’s no guarantee they will not shaft me with another strike.
Year after year, CP fails miserably to generate any profit, and always gets bailed out with another billion+ “loan” of taxpayers money. I seriously doubt these loans will ever be repaid so what’s next, another billion plus of the money that could go to build a hospital, or a school, would be sunk into CP so the execs can get millions in bonuses. Truly disgusting and the very definition of insanity.
We need to gather the info and start a petition. I bet it would gather enough signatures in no time.
Leave it to the liberals to reward incompetence.
Its not the optics. Its the death wish. They should all be rescinded and no raises should be given until they make 2 year over year profits.
Who determines the fees earned by the Post Office.
If the employer determined the income who gets to strike?
Imagine believing that Canada Post was worth the money? Imagine.
…and another fine example of the lefty Carney LIBs, and their Elbozo supporters, giving hard-working Canadians the “middle finger”! Had enough yet, Canada?
Only living wages prevent warehouse fires.
Canada post doesn’t have its own revenues! It’s a huge welfare fraud operation! Shut it down! Privatize!!
You understand the optics but continue doing the same thing the rest of the useless publicly funded and poorly managed federal institutions keep doing. CBC is a failure and it gives it’s executives bonuses for underperformance to the point of bankruptcy and you follow that example. Fu’dking clowns.
$30.8m in bonuses. Disgusting and that’s the way to UNDERPAY Posties !!!! The Government needs to put a stop to this, that is of course if they have the b***s to do anything about it !!
Losing money and paying bonuses??? For what? Successful business???
No manager deserves a bonus when the company is loosing billions of dollars and asking for taxpayer handouts to keep it from going bankrupt.
@Roy Thurman. Respectfully, Canada Pension Plan investment returns consistently rank first or second amongst public investments. As well, CPP is not headed for insolvency like Social Security in the US.
I agree with a poster who talked about payouts of postal employees, and ending all home delivery and going to community mailboxes. We need to treat the mail workers humanely and also stop the billions in cash going to Canada Post. It’s also important to remember Canada Post delivers to remote communities whereas private carriers don’t. These deliveries must continue.
417 executives seems like about 416 too many!
Hey, enough with the negative comments. These people earned it for working 8 hours a month!
canada post needs to be mailboxes and post offices only. i want mail to continue and dont like to pay private companies that charge more, but losing 1.7 bil every year can’t and shouldn’t continue. time to change the system do some payouts for mail carriers and be done with it. sad but necessary. canada is broken too many bils not enough coming in. alberta needs to pull out asap
Canada Post paying out $30.8 million in bonuses is appalling. No one deserves payments for losses. This is a prime example of irresponsible management abusing tax payers money. The tariff app is an example of poor thinking as if it were done by Canada Post they would make the full amount of funds versus sharing it as many people do not use apps that want to send letters and parcels to the US and would normally go to the Post Office for this service for parcels and letters for the proper postage. I went around the system and took a parcel I wanted to ship to the US on a visit and hit up the US Postal Service and they shipped my 17 pound parcel and it took them 4 days to get it to California from Ohio. They didn’t comment about it just provided the service and it cost slightly less even with the exchange.
Mostly Management and the Union have literally helped destroy millions in revenues with their antics instead of solving their problems together. Many Businesses have moved away and Unions need to understand better that changes need to be made.
If I were in charge those bonuses would have never happened and Management would be payed less as they have gotten too use to their Government jobs and spending tax payer monies frivolously. There needs to be some house cleaning from the Top and downward.
Clean up your act and you may just get more customers back that you have pissed off that use to use the service to increase revenues. I know many businesses that have moved away from Canada Post and their ridiculous ways.
Government employees should not be getting any bonuses!
You already get paid to work, . No more entitlements for government workers. If you want a bonus go work for private sector
“We understand the optics”
No, you don’t, you really don’t. The cronyism in big business which results in disgusting and inappropriate pay for senior management is not only a kick in the teeth of average Canadians strughling to house and feed their families, it is harmful to the foundation of market capitalism by enabling dangerous Marxists to point, and say “See?”
Canada Post is hopeless
Same thing with another Crown Corporation, the Canada Pension Plan. In 2023 the return on investment was a paltry 1.3% yet the upper management of the CPP gave themselves huge bonuses.
Disgusting
There will never be repayment.
Canadians will swallow larger chunks.
Its like cancelling insurance on a boat that is sinking
You would think a bonus for doing a good job means you have done a good job. This is totally insane
They understand the optics
They just don’t care
Nice to see Global focusing criticism on someone other than Doug Ford.