Overview

• Canada Post and the Canadian Union of Postal Workers have resumed mediated negotiations after failing to reach an agreement in March.
• Current collective agreements remain in effect until May 22, after which a strike or lockout could occur if no deal is reached.
• Businesses, including retailers and shippers, are reallocating shipments to alternative carriers in anticipation of potential disruptions.
• An Industrial Inquiry Commission will deliver its report on May 15, which could influence negotiations or lead to government intervention.
• Canada Post faces significant financial challenges, including recent layoffs and $1.034 billion in federal funding to maintain solvency through 2025-26.