Canada Post

Canada Post rotating strikes have created a historic backlog of undelivered parcels
Canada Post employees are walking off the job in Ottawa and Arnprior-Renfrew this morning as the postal union’s wave of rotating strikes hits the capital
The Canadian Union of Postal Workers launched rotating demonstrations across Canada on Monday to pressure Canada Post into accepting contract changes
Scale of the job action will depend in part on how talks go in the coming days
Talks between union, Crown corporation have stalled in recent weeks, mainly over wages and working conditions.
The Ottawa-area pot producer has written to Canada Post and federal Health Minister Ginette Petitpas Taylor as it prepares contingency plans for a possible strike or lockout at the Crown agency
If no agreements are reached by Sept. 26, there could be a strike or lockout.
Losses came despite a nearly 20% increase in second quarter parcel revenues.
Canada Post has seen its parcels business grow significantly as shoppers opt for online retailers, offsetting a decline in the company's traditional transaction mail business.
CEO says Canada Post deal is a big win for his company because of the large number of licences the Crown corporation will be purchasing.