Canada Post Agrees to 30 Day Extension Followed by Binding Arbitration

We’ve got some good news for Canadians this afternoon. No Canada Post lockout.

Canada Post has agreed to a 30 day ‘cooling off’ period, where they and the CUPW will continue to negotiate a reasonable and acceptable new 5-year contract, but it would have to be followed by a binding arbitration, according to Canada Post’s news release, which the CUPW has not agreed to at this time.

But many would say that at this point, it’s already too little too late. Business for Canada Post has dropped substantially over the course of the past ten days as news about the [potential CUPW strike], and then [Canada Post’s lockout] have already made headlines across the nation.

Read Canada Post’s full news release

Canada Post states:

…we are fully prepared to negotiate intensively for the next 30 days under an extended “cooling off period” to reach negotiated settlements. However, if the parties are unable to successfully conclude negotiations within that period, both parties must agree to binding arbitration.Canada Post

The two have been in negotiations now for at least eight months.

Because Canada Post had threatened the CUPW with potential lockout, and because the CUPW had threatened Canada Post with a potential strike, people and businesses across the nation have already begun making the switch from Canada Post to other shipping and courier companies.

ANOTHER ARTICLE:  Edmonton Oilers Owner Daryl Katz Accused of Inappropriate Behavior

In turn, this has created an 80 percent drop in Canada Post usage in comparison to exactly one year ago today.

STORY CONTINUES BELOW
STORY CONTINUES BELOW

The CUPW has not agreed to a binding arbitration.

Over 50,000 CUPW are still anxiously awaiting a solution by Canada Post to this debacle.

Canada Post has stated that what the CUPW is asking for would cost over $1 billion.


239 VIEWS
141 SHARES
4 COMMENTS


Jody Mitoma

Founder of Edmonton Talks News.

4 COMMENTS

  • Jim Carey
    July 8, 2016 at 12:29 PM
    Permalink

    Link? They haven’t agreed at all. They tried 2 sneak binding arbitration in there. Non starter for CUPW ( workers )

    (0)
    Reply
  • Larry
    July 8, 2016 at 12:38 PM
    Permalink

    This is absolute bullshit. THERE IS NO AGREEMENT YET!!!!!!!!!!!!!!!!!!!!!

    (0)
    Reply

Join the Conversation!

Fri, 05 Oct 2018 06:45:52 +0000Cyle Larsen, 27, Untreated Sexual Offender Now in Edmonton, Very Likely to Re-Offend
Fri, 28 Sep 2018 05:15:02 +0000Police Warns Public of Violent/Sexual Offender Now in Edmonton, Likely to Re-Offend
Tue, 25 Sep 2018 06:32:03 +0000Edmonton’s Annual Free Admission Day is this Sunday, September 30th! Free Family Fun
Fri, 13 Jul 2018 07:00:44 +0000Wood Buffalo Bans All Public Smoking & Vaping Entirely, Including Tobacco
Wed, 23 May 2018 06:00:16 +0000‘Nations Experience’ Plans to Expand Nationwide with ‘Mini West Edmonton Malls’
Fri, 25 Aug 2017 12:00:00 +0000From Pets To Family Members