Lightbound says Canada Post privatization ‘not on the table’ as feds work to salvage ‘insolvent’ Crown corp

Government Transformation and Public Works Minister Joël Lightbound defended Canada Post as the ‘fabric of our nation’ though the Crown corporation is projected to lose $1.5-billion this year.

Canadian Labour Congress executive vice-president Larry Rousseau, centre, pictured Oc. 1, 2025, at a rally on the Hill. The Canadian Union of Postal Workers are on strike after the government announced reforms to Canada Post, including phasing out home delivery, as the Crown corporation loses $10-million a day. The Hill Times photograph by Andrew Meade

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BY ELEANOR WAND

October 2, 2025

The minister of government transformation, public works and procurement says the privatization of Canada Post is “not on the table,” as the beleaguered Crown corporation faces an “existential crisis” and is in desperate need of drastic reform.

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