According to Canada Post, this is their situation:
Mounting Financial Challenges
Canada Post is at a pivotal moment in its history. With financial pressures intensifying, compounded by the ongoing strike, our role as a vital, publicly owned Crown Corporation that’s supposed to be for benefit of Canadians and businesses is increasingly at risk.The financial outlook is dire:
Projected Loss for 2024: Canada Post anticipates another substantial deficit, marking seven consecutive years of losses.
Cumulative Impact Since 2018: Over $3 billion in losses.
Canadian Union of Postal Workers (CUPW) stated that it wants the following:
CUPW’s proposals include wage increases, a cost of living allowance, 10 medical days in addition to the seven personal days in the collective agreement, as well rural and urban-specific offers such as corporate vehicles for rural and suburban workers and a minimum 20-hour schedule for part-time urban employees.
My position is that, Unions should be reserved for the PRIVATE SECTOR, I don’t believe in Unions, but i believe people have a right to form them if the entity they’re working for is a FOR PROFIT PRIVATELY OWNED Business that as a consequence has the CHOICE can shut down their business.
Public sectors can not be shut down unless they go through a bureaucratic process, thereby giving public sector unions an unfair advantage over the PUBLIC. This is what make Canada Posts situation so unique is that CUPW is ABUSING the Canadian Public. All Canada Post workers like all public servants have the CHOICE to QUIT if they feel as though they’re being treated unfairly.
Canada Post is clearly bankrupt without their State owned enterprise status and CUPW doesn’t have to worry about the voting public, so in essence the basis of CUPWs demands is that they believe that no matter how bankrupt Canada Post is, they’re going to get a taxpayer funded bailout.
My position is that Canada Post should operate similar to the United States Postal Service, which is also a bankrupt institution, however, before USPS workers strike, they all know there’s a change that whoever the President is during or after their strike there will be consequences. On August 3, 1981, President Ronald Reagan fired over 12,000 air traffic controllers who were striking for better pay, benefits, and shorter hours.
Now, obviously depending on who Canada votes for, the Federal government owning Canada Post could be a good or a bad thing, however, at the very least CUPW wouldn’t be as powerful as it is. Even the teachers unions have to respect the voter. In Ontario, the teachers unions who many USED to support without blinking an eye, lost favor, why? Because the public heard their DEMANDS, which sound ridiculous in 2024.
If you listen to the demands of Canada Post’s union in 2024, they sound ridiculous, however there’s nothing the Canadian voter can do about it. Why I’m against privatizing all of Canada Post? Because Germany is smaller than Alberta and Canada has fewer people than Germany.
As a Canada, I want ALL Canadians to have access to mail delivery, regardless of where they live, and if I’m a private entity and you want me to deliver a parcel to the middle of nowhere, that’s going to cost you, a lot of money, because my employees are going to charge me a lot of money to make that trip.
I’ve been saying for years, that Canada Post should be a NICHE delivery service, that could easily find ways to profit if it didn’t have to yield to the ridiculous demands of CUPW.