Update: Canada Post responds after postal union issues 72-hour strike notice
UPDATE 8:25 A.M., TUESDAY: Canada Post says the 72-hour strike notice and looming threat of labour action issued by the Canadian Union of Postal Workers would “affect the millions of Canadians and businesses who rely on the postal service, and deepen the company’s already serious financial situation.” Canada Post says it is critical that both parties devote their energies on resolving issues to reach negotiated agreements.
“In the event of a labour disruption, the Corporation will work to minimize service disruptions, but customers may experience delays,” Canada Post said in a statement Tuesday morning. “Mail and parcels flow through Canada Post’s highly integrated national network each day to get from sender to receiver. Shutting down facilities or regions with rotating strikes can cause immediate and prolonged ripple effects throughout the network.”
Canada Post says it is rapidly falling behind in today’s highly competitive, customer-focused parcel delivery market. In the first half of 2024, the company recorded a loss from operations of $490 million. Since 2018, the Corporation has lost more than $3 billion.
Original story from Tuesday morning: