Overview
- CUPW and Canada Post confirmed they will suspend strike and lockout actions as they finalize tentative agreements for member votes.
- The union says strike rights remain in place until ratification and warns job action could resume if final language diverges from the agreement in principle.
- Canada Post reported more than $1 billion in year-to-date losses, including a record $541 million pre-tax deficit in the third quarter, after exhausting a $1.03 billion federal loan earlier than expected.
- The corporation has accepted Ottawa’s September reforms and submitted an implementation plan, with assurances for rural, remote and Indigenous service and accommodations for customers with mobility needs.
- Key sticking points include wages and job security, with Canada Post offering a 13% raise over four years—about six percentage points below the union’s latest position—alongside restructuring through attrition, early retirements and targeted layoffs, and the agreements cover both urban and rural-suburban units.