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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]
Canada Post operates as a group of companies called The Canada Post Group. It employs approximately 70,000 full and part-time employees. The Corporation holds an interest in Purolator Courier, Innovapost, Progistix-Solutions and Canada Post International Limited. [8] Canada Post (French: Postes Canada) is the Federal Identity Program name.
Newspaper Prov. City/region Owner [1] Circulation (weekly total, 2013) [2] Frequency Language Notes National Post: Nat'l National Postmedia: 982,555 Tue–Sat
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Purolator Inc. is a Canadian courier majority owned by Canada Post. It was founded as Trans Canada Couriers, Ltd and acquired in 1967 by Purolator, a US manufacturer of oil and air filters. [3] In 1987, the company returned to Canadian ownership.
In December 2003, Canada Post issued a new 49¢ definitive stamp bearing the image of Queen Elizabeth II using a photograph taken by rock star Bryan Adams. A similar redenominated stamp was issued in 2005 as a 50¢ denomination, and a 51¢ denomination in 2006 (see Queen Elizabeth II definitive stamp (Canada)).
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The Globe and Mail is a Canadian newspaper printed in five cities in western and central Canada.With a weekly readership of more than 6 million in 2024, it is Canada's most widely read newspaper on weekdays and Saturdays, [2] although it falls slightly behind the Toronto Star in overall weekly circulation because the Star publishes a Sunday edition, whereas the Globe does not.