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Canada Post posted a pretax loss of $253 million in 2011, partly due to the 25-day employee lockout and a $150 million pay equity class action lawsuit. [21] The period from 2012 to 2016 saw a return to financial sustainability for Canada Post, with a net profit of $266 million. [6] A Canada Post community mailbox in Ontario, 2017
The Minister responsible for Canada Post Corporation is a member of the Canadian Cabinet responsible for Canada Post Corporation, the federal Crown corporation responsible for Canada's postal service. The position was created in 1981 assuming some of the responsibilities previously exercised by the Postmaster General of Canada.
In contrast, the Canadian Union of Postal Workers represents a larger majority of Canada Post's employees: 54,000 out of 72,000. [7] The rest belong the Association of Postal Officials of Canada (3,400 supervisors), the Union of Postal Communications Employees (2,600 technical workers) and the CPAA (12,000 rural workers). [8] [9]
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The Union of Postal Communications Employees is a Canadian public employee labour union.. On March 1, 1967, the Post Office Component, whose origin goes back to the convention meeting of the Railway Mail Clerks in Ottawa in November 1966, joined the Public Service Alliance of Canada.
The Canadian Union of Postal Workers (CUPW; French: Syndicat des travailleurs et travailleuses des postes [STTP]) is a public-sector trade union representing postal workers including letter carriers, rural and suburban mail carriers, [1] postal clerks, mail handlers and dispatchers, technicians, mechanics and electricians employed at Canada Post as well as private sector workers outside Canada ...
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In 2023, Canada Post spent $4.9 billion on labour costs against $6.9 billion in revenue, with operating costs per hour for parcel delivery ranging from $50 to $60 versus industry benchmarks of $40 to $50. [9] Unlike many Crown corporations, Canada Post is not taxpayer-funded and must sustain itself entirely on its own revenues. [10] [11]