
05-29-2016 05:22 PM
1July2016 Canada Postal Services starting general strike ....Annual Canada Post deficit is 300 million
Orders from China are bankrupting Canada Postal Services , they do not see a dime from shipping included
items shipped from China but they need to pay mail man 24$ an hour to deliver package to your door.
Canada Post to face $1Billion loss by 2020 at current deficit rate........Another words No Parcel from China !
05-29-2016 08:40 PM
What a load of misinformation.
First quarter 2016 - net profit $24 million
https://www.canadapost.ca/web/en/pages/aboutus/details.page?article=quarterly_report
Strike: both sides will be in a position to strike / lockout on July 2. Since July 2 is a Saturday on a long weekend, I'd say rather unlikely, the day to watch will be July 4.
05-29-2016 09:26 PM
It is more likely that the workers will be locked out than that they will strike.
That's been what Canada Post management seems to prefer.
When the workers strike, they don't get paid.
Cui bono?
05-30-2016 04:28 PM
06-01-2016 12:33 AM
Not again!!!! Fire the union person! Also Canada Post needs to lay off the higher personnel as they get way too high salary, then they will save some millions from that, no do not buy them out, lay them off like many other companies.
One of reasons they go into debt is that they use buy outs, which they should have lay them off.
06-05-2016 01:08 AM
@layton404 wrote:
...
http://www.cbc.ca/news/business/canada-post-to-face-1b-loss-by-2020-1.1335221
http://www.forbes.com/sites/dougbandow/2013/08/12/the-post-office-is-broke-its-time-to-end-washingto...
Why are you referencing out-of-date articles from 2013 ??
06-21-2016 01:35 AM
Starting strike? Where did you get your info?