Canada Post Strike: What It Means For Your Business
As of November 3rd, over 60,000 workers represented by the Canadian Union of Postal Workers (CUPW) are in legal position to strike. No strike notice has been given so far.
Many small- and medium-sized businesses (SMEs) depend on the postal system to ship goods, send marketing materials to consumers, send invoices, and receive payments from suppliers and customers.
During the last round of Canada Post strikes in 2018, 61% of small firms reported they were negatively affected, particularly with challenges to cash flow due to delayed invoices and cheques and higher cost delivery alternatives. With the critical holiday shopping season around the corner and limited capacity to alternatives in many parts of Canada, avoiding a strike is important.
Would you be affected by this strike? Or have you been affected by one of the many recent ones? Let us know how at OttawaCFIB@cfib.ca so we can continue to put pressure on government and better advocate for you!