Pay Equity: A Major Victory for Canada Post’s Rural Mail Carriers

Ottawa – Rural and Suburban Mail Carriers (RSMC) have finally won their long battle for pay equity. Arbitrator Flynn’s final decision confirms that Canada Post must put an end to the economic injustice faced by RSMCs. “After years of struggle, we are happy to finally have the recognition that there was a profound injustice at Canada Post,” said Nancy Beauchamp, member of the Pay Equity Committee. Continue reading

Canada Post reports $62-million loss before tax in third quarter

Despite loss in traditionally soft quarter, Canada Post anticipates profitable 2017 largely due to parcel growth

OTTAWA, Nov. 24, 2017 /CNW/ – The Canada Post segment lost $62 million before tax in the third quarter, traditionally the postal service’s slowest period of the year. Year-to-date, the Canada Post segment is reporting a profit of $13 million before tax heading into the holiday season when millions of Canadians are expected to make an unprecedented number of purchases online. Continue reading

Canada Post reports a profit before tax in 2016 of $55 million after solid growth in parcels

OTTAWA – Canada Post’s commitment to help Canadian businesses grow through e-commerce led to strong growth in the Parcels line of business in 2016. By partnering with retailers to deliver innovative and convenient delivery, shipping and returns experiences to Canadians, the Canada Post segment solidified its position as Canada’s No. 1 parcel company. The Canada Post segment’s profit before tax of $55 million compares to a profit before tax of $63 million in 2015. Continue reading