Canada Post is losing billions. Last year, it lost $1.3 billion and saw parcel delivery revenues alone decline by a jaw-dropping $683 million . This helped trigger the billion-dollar taxpayer bailout Justin Trudeau’s government gave to the Crown corporation in January.
And if those numbers sound bad, Canada Post itself expects the crisis to go from bad to worse as its unionized workforce continues to resist the corporation’s every effort to modernize.
At the same time Canada Post has been losing money hand over fist, unionized employees are demanding the status quo and pay raises.
After a year and a half of negotiations and a “final offer” from Canada Post, federal Minister of Jobs Patty Hajdu stepped in and asked the Canada Industrial Relations Board to force Canada Post’s