55,000 Postal Workers in Canada Strike Over Pay

Published On Nov 15, 2024, 7:48 AM

Canada's postal workers have initiated a nationwide strike due to unresolved disputes over pay and working conditions. This strike, announced by the Canadian Union of Postal Workers, involves approximately 55,000 workers and is expected to halt all operations of Canada Post, significantly disrupting mail and parcel deliveries just before the holiday season. Canada Post's management had proposed a 11.5% wage increase over four years, but the union found these offers inadequate.

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The strike is likely to lead to increased demand for alternative delivery services as mail and parcel deliveries are significantly disrupted during the holiday season. Companies that are positioned to benefit from this shift may see increased business.

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