November 17, 2025
RED FM News Desk
With the holiday shopping season starting, analysts are concerned that businesses, both big and small, will take a financial hit amid contract talks between Canada Post and the Canadian Union of Postal Workers (CUPW).
The two sides have gone back and forth over a new deal for nearly two years. Postal workers are still taking job action, including rotating strikes, and customers are being warned to expect delays.
Retail analyst Bruce Winder stated that “uncertainty is the kryptonite of business.” Businesses are leaning on other couriers to deliver items, but that can be costly.
Earlier this month, Canada Post submitted a plan to the federal government outlining how to transform its struggling business model into one that is financially sustainable. This plan included adjusting mail delivery standards and expanding community mailboxes.
Bargaining resumed at the end of October, but there is no indication that a new deal is on the horizon. The Crown corporation’s most recent offer included a 13.59% wage hike over four years, while the union asked for a 19% raise in August.
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