Canada Post strike continues, losses mount
Ottawa, November 26, 2024: Strike by Canada Post is continuing in the country.
Canada Post has reported a $315 million loss before tax in the third quarter which is higher than the $290 million loss during the same period last year.
The Canada Post strike has entered its second week after little progress at the negotiating table. Postal service and the Canadian Union of Postal Workers (CUPW) have remain at odds over key issues. Though talks continued over the weekend with the assistance of a special mediator, but no significant breakthroughs have been achieved.