Canada Post records largest-ever loss as parcel volumes drop 36%

Ongoing labor uncertainty causes business exodus to private carriers Canada Post lost US$294 million before taxes in the second quarter, the largest loss for any three-month period in the company’s history, as parcel volumes plunged amid a prolonged contract dispute with mail carriers that has created uncertainty for business customers. The Canadian postal operator on…

Canada to Launch Talks on Shipping LNG to German Customers

By Laura Dhillon Kane  Aug 26, 2025 (Bloomberg) –Canada is set to begin discussions on supplying liquefied natural gas to German buyers to tap into growing demand across the European Union. LNG was one of the issues on the table in talks between Prime Minister Mark Carney and German Chancellor Friedrich Merz on Tuesday in Berlin.…