Total revenue increased 5% in 2020, with strong parcels performance offsetting the accelerated decline in transactional and admail demand.

Total mail volumes dropped by more than a fifth, with admail volumes falling by over a quarter. Meanwhile, parcel volumes increased by 31%, driving a 25% increase in parcels revenue. To meet capacity demand, Canada Post invested in new automated sorting lines and began work on a new hub capable of sorting 1m items per day when complete in 2022. For last-mile delivery success, the post added around 3,700 new terminals to its residential locker network, taking the total network to almost 13,000 terminals. For more details download the latest IPC Carrier Intelligence Report for Canada Post Post.

 

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