Canada Post announced that its largest union, the Canadian Union of Postal Workers (CUPW), will begin voting on the company's 'final' collective agreement offers starting July 21 and concluding August 1. The deal includes wage increases, a signing bonus, and job security, and if ratified, would end 18 months of negotiations and strike activity that cost Canada Post $10 million daily in June. The Canada Industrial Relations Board (CIRB) will administer the confidential vote.
CUPW to vote on Canada Post’s ‘final’ offers starting July 21, company says
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AI Summary
TL;DR: Key points with love ❤️Canada Post announced that its largest union, the Canadian Union of Postal Workers (CUPW), will begin voting on the company's 'final' collective agreement offers starting July 21 and concluding August 1. The deal includes wage increases, a signing bonus, and job security, and if ratified, would end 18 months of negotiations and strike activity that cost Canada Post $10 million daily in June. The Canada Industrial Relations Board (CIRB) will administer the confidential vote.
Trending- 1 Over 18 months: Period of negotiations
- 2 June: Strike activity increased Canada Post's financial losses
- 3 July 21: Vote begins
- 4 Aug 1: Vote closes
- Potential ratification of the collective agreement
- End of more than 18-month-long period of negotiations and subsequent strike activity
- Cessation of Canada Post's $10 million per day financial losses (in June)
What: Canadian Union of Postal Workers (CUPW) members to vote on Canada Post's 'final' collective agreement offers. The offer includes a wage increase, signing bonus, maintaining a defined benefit pension, and job security clauses.
When: Vote will be held starting July 21 at 7 a.m. (Eastern Daylight Time) and close Aug. 1 at 5 p.m. (Eastern Daylight Time). Negotiations have been ongoing for more than 18 months. Strike activity increased financial losses in June.
Where: Canada (implied, as Canada Post and CUPW are national entities).
Why: To potentially ratify a new collective agreement and end a prolonged period of negotiations and subsequent strike activity, which has caused significant financial losses for Canada Post.
How: The Canada Industrial Relations Board (CIRB) will administer a confidential vote, allowing employees to vote privately either online or by phone.