Canada Post, Union Negotiations Stall Amid $407M Loss

Canada Post is urging the Canadian Union of Postal Workers (CUPW) to revisit its counter-offers in ongoing labor negotiations, describing the union's position as hardened with new demands that have widened the gap between the parties. The corporation reviewed the union's proposals submitted in response to Canada Post's "best and final" offers from May but found them unaffordable and misaligned with the company's financial realities. Canada Post emphasized the need for an agreement that balances employee support with financial sustainability amid mounting losses, including a $407-million pre-tax loss reported in the second quarter due to weaker parcel sales and labor uncertainty. While CUPW included proposals such as part-time staffing for weekend delivery, Canada Post deemed these approaches complex and costly. The company remains open to reviewing amended proposals and committed to continuing bargaining efforts to secure a deal that ensures the organization's long-term viability for employees and customers. Both sides are under pressure to find common ground to stabilize the Crown corporation's operations and finances.