Canada’s postal workers have voted overwhelmingly in favour of a new five-year contract.
The union for some 55,000 Canada Post employees is reporting more than four in five members, or 85-per cent voted in favour of the deal.
It includes wage increases of 6.5 per cent and three per cent in the first two years, and locks in hikes that match the annual inflation rate in years three through five.
That’s on top of enhanced benefits and a weekend parcel delivery model.
The deal marks the end of a drawn-out, more than two-year saga of collective bargaining and rotating strikes against the backdrop of a push to overhaul the Crown corporation’s business model.
This included a plan to end door-to-door mail delivery for almost all households within the next decade, which Federal Procurement Minister Joel Lightbound said last year was aimed shoring up the Crown corporation’s finances in response to a decline in letter mail and its small share of the parcel market.
(with files from Canadian Press)
