Canada Post has postponed its latest contract offer to its 55,000 workers, dashing hopes for a quick resolution to the ongoing postal strike. The Crown corporation had planned to present a new offer to the Canadian Union of Postal Workers (CUPW) on Friday, but announced it would instead reassess the proposal. This decision follows the federal government’s recent announcement of reforms aimed at stabilizing Canada Post’s finances, which are projected to result in a loss of $1.5 billion by 2025.

The government’s reforms include ending home delivery and closing some rural mail outlets. In a statement, Canada Post emphasized its commitment to negotiating a sustainable agreement with CUPW, but noted that any offer must be affordable and support the company’s future. The revised offer will be presented when it is ready.

Mark Lubinski, president of CUPW's Toronto Local, expressed disappointment, stating that the union had hoped the latest offer would meet its demands and help end the strike. The union is seeking a 19 percent pay increase, while Canada Post's last offer included a 13 percent raise. Lubinski remarked, "We have done it before. We will do it again," indicating the union's determination to fight for better terms.

Jobs Minister Patty Hajdu urged both parties to continue negotiations, emphasizing the need to balance the corporation's future with the rights of the workers. "Canadians depend on them to get this right," she said.

The strike, which marks the second nationwide walkout in less than a year, has halted mail delivery across Canada. Approximately 800 postal workers in London are among those affected. Sharon Samuels, acting president of CUPW Local 566, stated that the workers are fighting for their jobs and the integrity of their collective agreement.

In response to the strike, the City of London has implemented contingency plans to address disruptions in mail delivery. The plans include information on how residents can manage time-sensitive documents and payments, despite the ongoing work stoppage.

As the holiday season approaches, pressure is mounting for a resolution. Last year, a similar strike lasted over a month, ending only after the Canada Industrial Relations Board intervened. The current situation raises concerns for small businesses that rely heavily on mail services, as they may face significant operational challenges during the strike.