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Category: Canadian Economy

Canada Post’s Defined Benefit Pension Plan: A Crisis in the Making – September 28, 2025

Posted on September 28, 2025 by RichInWriters

The alarming part? No employer contributions were made to the DB plan in 2024. This raises serious questions about sustainability in a downturn. Canada Post is losing about $10 million per day and already owes the federal government $1 billion for operational costs. At the same time, thousands of postal workers—many of whom have contributed to the DB plan for over 20 years—are approaching retirement.

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