Canada Post says talks are continuing with the union that represents postal workers and neither side has given notice of a work stoppage.
In a short statement Sunday, the Crown corporation said both sides have agreed not to give the required 72-hour notice of a strike or lockout “as long as the talks are productive.” It said operations are continuing as normal.
The Canadian Union of Postal Workers could have been in a legal strike position as of Sunday, after a cooling-off period in the contract talks ended the day before, but has yet to issue a strike notice. The union said Friday that a notice could still be issued “at any time” if talks break down.
Canada Post presented its latest contract offer last week which included annual wage increases amounting to 11.5 per cent over four years. The new proposal also protects the defined benefit pension for current employees, as well as their job security and health benefits. The corporation says the offer will “ensure current employees don’t lose ground.”
Canada Post, meanwhile, said in its statement Sunday that it is “rapidly falling behind in today’s highly competitive, customer-focused parcel delivery market.” Last week, the corporation said it lost $490 million in the first six months of 2024, and $3 billion since 2018.
The company said it wants to negotiate “a more flexible and affordable delivery model” that would include parcel delivery seven days a week.
The union had announced last week that its members voted overwhelmingly to support a strike if a deal could not be reached at the bargaining table.
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