Canada Post Proposes New Contract to CUPW

Canada Post is in ongoing negotiations with the Canadian Union of Postal Workers (CUPW) to avoid a strike, with the current cooling-off period set to end on Saturday. The postal agency has increased its wage offer to 11.5% over four years, including pension protections and improved employee benefits, in response to substantial support for strike action among workers. As of Friday, no strike notice had been issued, postponing potential labor disruptions at least until next week, though the union could strike as early as Sunday if no agreement is reached. CUPW members voted overwhelmingly in favor of a strike, indicating a strong resolve for better terms amid a challenging financial backdrop for Canada Post, which reported significant losses in recent years. Labour Minister Steven MacKinnon has urged both parties to reach a negotiated settlement to avoid disrupting services critical to millions of Canadians during the holiday season. The union continues to assess Canada Post's latest offers, seeking solutions that address both employee needs and the financial realities of the corporation.