Canada Post presented a new offer to the Canadian Union of Postal Workers (CUPW), Friday.
The Crown corporation says the new deal offered allows the company to become more modern, “balancing its financial realities with fairness and respect for employees.”
Key points in the last final offer on May 28, 2025, are included, as well as:
- Compounded wage increases of 13.59% over four years
- Industry-leading defined benefit pension
- Health benefits and post-retirement benefits
- Vacation (up to seven weeks) and pre-retirement leave
- Cost of living allowance that protects against the effects of unforeseen inflation
Canada Post says the new offers are within the limit of what they can afford, while maintaining good jobs and benefits over the long term.
The two sides have been negotiating for the better part of two years.
Members are currently on strike nationwide due to major changes implemented from the federal government due to what they called an existential crisis due to finances.
The changes include less door-to-door delivery, closing some rural locations and shifting management around.
CUPW says negotiators will review the offer and give an update as soon as possible.
