Many observers have pointed out the financial problems facing the Canada Post Corporation—they have lost a total of $3 billion since 2018. However, the union claims that this is not because the whole enterprise is incapable of making money. Instead, it’s because the Crown corporation refuses to expand its services, spends incessantly, and is not fighting the privatization of its different parts.
“The financial situation we face is the result of Canada Post management. They have been spending as if they have unlimited funds, with non-labour spending skyrocketing[…] Our wages and benefits are not the issue here—it’s the mismanagement and overspending by Canada Post,” says Jan Simpson.
The union has even put together an entire program detailing new avenues for the Crown corporation to receive more revenue, such as postal banking, affordable food delivery, and elder check-ins. The outcome of this strike could determine the expansion of services that everyday Canadians would have access to and benefit from.