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In 2023, Canada Post spent $4.9 billion on labour costs against $6.9 billion in revenue, with operating costs per hour for parcel delivery ranging from $50 to $60 versus industry benchmarks of $40 to $50. [9] Unlike many Crown corporations, Canada Post is not taxpayer-funded and must sustain itself entirely on its own revenues. [10] [11]
This created a 30-day backlog, causing Canada Post to temporarily suspend Canada-bound mail [43] and post $270 million in losses for 2018. [44] Canada Post struggled to adapt to the growth of e-commerce parcel delivery throughout the 2010s and 2020s, losing more than $3 billion between 2018 and 2024 and racking up over $1 billion in debts. [45]
(Reuters) - Canada Post said on Monday its striking workers will return to work on Tuesday, Dec. 17 after the country's labor relations board ordered an end to the work stoppage.
The 2018 Canada Post strikes were a series of rotating strikes, which began on October 22, 2018, [1] against Canada Post by members of the Canadian Union of Postal Workers (CUPW). Strikers sought "better pay, more job security and minimum guaranteed hours."
While those 6% are likely facing significant hardship, it should be noted that this represents a relatively small number of those who receive social assistance, and a combination of alternative delivery (e.g. pick-up at a ServiceBC location) or a move to direct deposit have minimized the impact that Canada Post deliveries have on social ...
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PSAC strikers outside a CRA office in Surrey, British Columbia. On April 7, the CRA bargaining group voted to enter a legal strike position. [21] On April 12, the national president of PSAC, Chris Aylward, announced that the Treasury Board bargaining unit had voted overwhelmingly in favour of entering into a legal strike position, thus granting the group a 60-day window to initiate a labour ...