Canada Post delivered its latest contract offer to striking postal workers Friday, but it doesn’t seem likely to end a dispute that has dragged on for more than 20 months.

The new offer includes three major steps back from the Crown corporation’s “final” offer rejected by members of the Canadian Union of Postal Workers in August: It removes a signing bonus, lays the groundwork for major layoffs, and targets almost 500 urban and suburban post offices for potential closure.

“Canada Post’s new offers are within the limit of what the corporation can afford while maintaining good jobs and benefits for employees over the long-term,” Canada Post said in a written statement.

In an emailed statement before details of the offer were made public, the Canadian Union of Postal Workers (CUPW) slamm

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