February 12, 2026

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Federal government loans $1.01B to Canada Post as postal service continues to struggle

Federal government loans $1.01B to Canada Post as postal service continues to struggle

A postal worker is pictured in the driver's seat of a delivery truck.

The federal government is making more than $1 billion available to Canada Post in the form of a repayable loan to help the beleaguered Crown corporation remain solvent and keep its services running.

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