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Understanding the Canada Post strike
The ongoing strike at Canada Post has entered its second week, with over 55,000 postal workers walking off the job on November 15. The Canadian Union of Postal Workers (CUPW) is advocating for better wages, job security, and improved working conditions. As negotiations continue, both sides remain far apart, with no major breakthroughs reported. This situation has raised concerns about the impact on Canadians, especially small businesses and remote communities that rely on postal services.
Financial struggles and worker demands
Canada Post has reported significant financial losses, with a $315 million loss before tax in the third quarter, marking a troubling trend for the Crown corporation. The company has offered wage increases totaling 11.5% over four years, but CUPW is demanding a cumulative wage hike of 24% over the same period, citing inflation and the rising cost of living as key factors. The union argues that the company cannot expect to save money at the expense of its workers, emphasizing the need for fair compensation and job security.
The future of postal services in Canada
As the strike continues, the future of postal services in Canada hangs in the balance. Canada Post is facing competition from private shipping companies like Purolator and FedEx, which have seen an increase in business during the strike. The company has identified weekend parcel delivery as a growth opportunity but is hesitant to hire more full-time workers due to the associated costs. CUPW has expressed concerns about the potential for a gig economy model within a Crown corporation, advocating for a workplace that prioritizes employee welfare and stability.
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