Canada Post Workers Threaten Strike Over Finances

The Canadian Union of Postal Workers (CUPW) has issued a 72-hour strike notice, putting it in a legal strike position starting Friday, marking a year since negotiations began for a new contract. Despite over 95% of urban and rural workers supporting a strike mandate last month, the union has not decided if immediate action will occur, depending on ongoing talks with Canada Post.

CUPW is at odds with Canada Post over issues including wage increases, pensions, and medical leave. Canada Post, facing mounting financial challenges with a loss of $3 billion since 2018 and a $490 million loss in the first half of 2024, warns that continued labor unrest is hurting its revenue, particularly during the busy holiday season. The company has proposed an 11.5% wage increase over four years and is seeking a more flexible, cost-effective delivery model, including weekend parcel deliveries, which the union opposes.

Canada Post’s financial troubles, exacerbated by declining mail volumes and rising delivery costs, have prompted it to sell parts of its business and seek efficiencies. The union, however, remains firm on improving workers’ benefits, including additional medical days and a better disability plan. Labor Minister Steven MacKinnon has offered mediation support, urging both parties to reach a deal at the bargaining table.
NEWS DESK
PRESS UPDATE