Canada Post and union reach deal in principle to end strike
Summary
Canada Post and the union representing around 55,000 postal workers have reached a tentative agreement to end a strike that disrupted mail delivery nationwide. The specific details of the agreement have not been shared, but both parties have agreed on the main points, and all strike activities are paused until a union vote is conducted.Key Facts
- Canada Post and the Canadian Union of Postal Workers reached a preliminary agreement to end the strike.
- The strike affected mail deliveries across Canada, starting on September 25.
- Details of the agreement are not public yet, but the main points have been agreed upon.
- A vote by union members is needed to finalize the deal.
- During negotiations, the strike changed from nationwide to a rolling strike.
- The Canadian government previously planned changes to Canada Post to reduce financial losses, including ending door-to-door delivery to some homes.
- Canada Post reported a financial loss of C$1 billion last year and is projected to lose C$1.5 billion this year.
- The union retains the right to resume strike action if necessary.
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