🇨🇦 Another $673M Fed to Insolvent Canada Post — That's $3 Billion in Two Years

Ottawa just greenlighted another massive bailout for a Crown corporation that lost $1.57 billion in 2025 alone and nearly $5.4 billion between 2018 and 2025. Carleton professor Ian Lee calls it what it is: insolvency. The inability to meet obligations as they come due. But instead of restructuring or privatizing, Trudeau's cabinet keeps cutting cheques in smaller tranches to soften the optics. Classic move: drip-feed the collapse so taxpayers don't notice the full scale of the hemorrhage.

Meanwhile, Canada Post blames strikes and competition while demanding community mailboxes and post office closures. Translation: we're obsolete, undercut by private carriers, and still clinging to a bloated union model that guarantees nothing but more bailouts. You're funding a zombie institution that exists only because shutting it down would be politically inconvenient. Modernization without privatization is just managed decline on your dime.

🍁 Maple Chronicles