Canada Post and the Canadian Union of Postal Workers (CUPW) have reached tentative agreements, according to the Crown corporation.
In a statement Friday evening, Canada Post said the details of a potential collective agreement have not yet been finalized for signature.
“While we are working on this, it has been agreed that all strike or lockout activities are suspended. We will not comment on the details of potential agreements until the parties have finalized the tentative agreements,” said the statement.
What it means, according to CUPW, is that both sides have agreed to the main points of the agreement, but not yet the “contractual language.”
“Should the Tentative Agreements not be reached because the parties disagree on how the agreement in principle is reflected in language provisions, the suspension will be lifted for both parties, and the Union may continue strike activity,” said CUPW in a statement.
The two sides have been negotiating for more than two years.
Postal workers walked off the job late September but started rotating strikes early October.
Workers went to the picket lines after the federal government announcement big changes to the corporation to stabilize finances.
These included less door-to-door delivery, lifting the moratorium on rural locations and shifting around management in order to save money.
A plan on how they would implement these changes was submitted to Minister Joel Lightbound, mid-November.
In a release, earlier Friday, Canada Post said their losses for 2025 exceed $1 billion, attributing nearly the entire amount on the labour dispute.
more to come…
