Public Works Minister Joël Lightbound said privatization of Canada Post is “not on the table,” framing the postal service as an essential public institution that must be stabilized through reforms rather than sold. Lightbound’s stance comes alongside a cabinet-approved transformation plan that authorizes Canada Post to phase out remaining door-to-door delivery and convert to community mailboxes, move non-urgent mail by ground instead of air, and lift the moratorium on some rural post-office closures. These measures, Lightbound says, are required to arrest losses projected at “close to $1.5 billion” this year. On the balance sheet, Canada Post reported a pre-tax loss of $841 million for 2024, its seventh straight annual deficit, and posted losses of more than $3.8 billion before tax since 2018. The Canadian Union of Postal Workers launched a nationwide strike on September 25 in response to the plan to phase out door-to-door delivery, halt some post-office operations, and relax delivery standards.