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This created a 30-day backlog, causing Canada Post to temporarily suspend Canada-bound mail [43] and post $270 million in losses for 2018. [44] Canada Post struggled to adapt to the growth of e-commerce parcel delivery throughout the 2010s and 2020s, losing more than $3 billion between 2018 and 2024 and racking up over $1 billion in debts. [45]
In 2023, Canada Post spent $4.9 billion on labour costs against $6.9 billion in revenue, with operating costs per hour for parcel delivery ranging from $50 to $60 versus industry benchmarks of $40 to $50. [9] Unlike many Crown corporations, Canada Post is not taxpayer-funded and must sustain itself entirely on its own revenues. [10] [11]
Here’s exactly what to know about December 26 mail delivery in 2023. Is the post office open today? Yes—Great news for those looking to send a New Year’s card .
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Today is a federal holiday, so don't expect to see the mail carrier. Find out the holiday schedule for USPS, Fed Ex, UPS, and Amazon deliveries.
In the United States, a postal holiday is a federal holiday recognized by the United States Postal Service, during which no regular mail is delivered, however Priority Mail Express items will still be delivered as that service functions year round.
Priority Mail: Dec. 18. Priority Mail Express: Dec. 20. All USPS branches will be closed on Christmas Eve and Christmas Day. Post Offices will be open and regular mail delivery will resume on Dec. 26.