Overview
- Canada Post and the Canadian Union of Postal Workers resumed mediated negotiations on April 30 and May 1, with no agreement reached yet.
- The current collective agreements, extended by a December back-to-work order, are set to expire on May 22, raising the possibility of a strike or lockout.
- Businesses, including major banks and retailers, are already shifting mail and parcel volumes to alternative carriers in anticipation of potential disruptions.
- An Industrial Inquiry Commission report on Canada Post’s financial challenges and labor issues is expected by May 15 and may influence the negotiations.
- Canada Post continues to face significant financial difficulties, with a $1.034 billion federal funding package issued to maintain operations through fiscal 2025–26.