The Big Story Another Canada Post strike - what will the impact to businesses be?
May 21, 2025
Jasmin Guenette, VP of National Affairs at the Canadian Federation of Independent Business, dives into the looming postal strike involving 55,000 workers. She discusses its potential impact on small and medium-sized businesses, recalling the financial strain from previous strikes. The conversation emphasizes the urgent need for Canada Post to modernize and adapt, including weekend deliveries, while balancing union rights with economic stability. Guenette also outlines what actions the federal government could take to support both the postal service and local businesses.
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Costly Impact on Small Businesses
- The last Canada Post strike cost small businesses over a billion dollars due to lost sales and increased shipping costs.
- Many businesses, especially in remote areas, heavily depend on Canada Post, making strike impacts severe.
Small Businesses' Reliance at Risk
- Small businesses are the last reliable customers for Canada Post, but ongoing uncertainty pushes them to private couriers.
- Losing these clients can worsen Canada Post's financial troubles if changes aren't made.
Need for Canada Post Modernization
- Canada Post is in a financial crisis and must modernize to survive, including possible changes like less frequent letter delivery.
- The federal government must empower Canada Post to make these necessary changes or face repeated strikes and losses.