Overview

• The CPAA deal secures an 11 per cent wage increase over three years, retroactive to January 1, 2024, after 18 months of negotiations
• The agreement covers 8,500 Canada Post employees who manage rural post offices across the country
• Canada Post’s largest union, CUPW, rejected the employer’s final offer on May 29 and has not reached a contract
• CUPW’s overtime ban remains in effect as Labour Minister Patty Hajdu has asked the Canada Industrial Relations Board to conduct a vote on the disputed proposal
• Canada Post has lost more than $4 billion since 2018 and is operating under a $1.034 billion federal loan amid insolvency warnings, intensifying pressure to settle both deals