Canada Post handed out $30.8 million in executive and management bonuses in 2025, despite taking a taxpayer-funded bailout and losing nearly $1.6 billion, according to government records obtained by the Canadian Taxpayers Federation.

“It’s absolutely unacceptable that Canada Post is handing out bonuses while taking a taxpayer-funded bailout,” said Franco Terrazzano, CTF Federal Director. “If Canada Post is taking taxpayer-funded bailouts, then there’s no way its managers and executives should be showering themselves with bonuses.”

Canada Post rubberstamped $30.8 million in bonuses for its managers and executives in 2025, according to the Crown corporation’s report to Parliament’s government operations committee.

The average bonus for its executives and managers was about $13,000.

Canada Post refused to break down how much it gave its executives. Instead, it buried executive bonuses inside the management total. It also didn’t disclose what percentage of executives took a bonus.

The Crown corporation also refused to disclose how much bonuses cost for its non-management staff.

Canada Post has consistently tried to withhold its bonus information and even ignored access-to-information laws.

The CTF filed an access-to-information request for Canada Post’s 2025 bonus records on Feb. 23, 2026. The Crown corporation refused to release bonus records for months until members of Parliament forced the Crown corporation to disclose the records to the parliamentary committee. And even then, Canada Post failed to disclose the whole bonus picture.

Canada Post handed out $30.8 million in bonuses in 2025 even though it lost hundreds of millions of dollars and took a taxpayer-funded bailout.

The federal government gave Canada Post a $1.03 billion bailout in 2025. Canada Post is supposed to pay that funding back to taxpayers “in so far as [Canada Post’s] revenues are sufficient.”

The bailout was “intended to carry the corporation through the government’s fiscal year ending March 31, 2026,” wrote Canada Post. “However, the funding was insufficient due to the severity of the corporation’s financial situation.”

So the government announced up to another $1.01 billion for Canada Post in February 2026 “as a short-term financial bridge.”

Canada Post rubberstamped bonuses even though it suffered the largest “loss before tax on record,” according to the Crown corporation.

Canada Post reported a loss of nearly $1.6 billion in 2025. Canada Post has lost money for eight consecutive years, totaling about $5.4 billion.

“It’s infuriating that Crown corporation executives think they are entitled to bonuses when they’re hemorrhaging money and relying on taxpayer handouts,” Terrazzano said. “Prime Minister Mark Carney needs to step in and shut down these taxpayer-funded bonuses for failure.

Canada Post isn’t the only Crown corporation rewarding failure with bonuses. Government agencies dishing out bonuses while failing is a symptom of a larger cultural problem in Ottawa.

The Canada Mortgage and Housing Corporation has repeatedly claimed its goal is “housing affordability for all.” Despite its CEO admitting housing supply and affordability “remained one of Canada’s greatest challenges,” the CMHC handed out $31.7 million in bonuses last year.

VIA Rail also handed out $10.3 million in bonuses last year. Every executive took a bonus. The average bonus for a VIA Rail executive was $115,293, according to government records. Meanwhile, the Crown corporation loses hundreds of millions of dollars every year.

Alto, the federal Crown corporation tasked with overseeing the government’s high-speed rail project, handed out $2.8 million in bonuseslast year. The average executive bonus was about $68,500. Every Alto staffer took a bonus even though construction for the train is years away and the Crown corporation doesn’t even know the exact route for its high-speed rail project.

About 98 per cent of all government executives took a bonus in 2024-25, the last year where data is available. Meanwhile, federal departments met just 54 per cent of their performance targets that year.

For more information or to schedule interviews, please contact:

Franco Terrazzano
CTF Federal Director
Phone: 403.918.3532
Email: [email protected]