Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeNewsWorkCanada Post signs agreements with workers, ending years-long battleCUPW members voted earlier this month to ratify the tentative agreements reached by the parties back in December You can save this article by registering for free here. Or sign-in if you have an account.As part of the new contracts, postal worker wages will see increases of 6.5 per cent in year one, including five per cent already received, and a three per cent increase in year two. Photo by Michelle Berg/Saskatoon StarPhoenixCanada Post and its postal workers have officially signed new collective agreements, ending a two-year-long bargaining process that included seven weeks of nationwide strikes.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe contracts remain in effect until Jan. 31, 2029.“With the stability of new agreements in place, we look forward to working with our employees and bargaining agents to rebuild the business, restore confidence in the postal service and better serve the country,” the Crown corporation said in a statement Thursday.Earlier this month, Canadian Union of Postal Workers (CUPW), which represents 55,000 employees, voted to ratify the tentative agreements reached by the parties back in December.FP Work touches on HR strategy, labour economics, office culture, technology and more.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Work will soon be in your inbox.We encountered an issue signing you up. Please try againAs part of the new contracts, the parties have agreed to wage increases of 6.5 per cent in year one, including five per cent already received, and a three per cent increase in year two. For years three to five, annual wage increases would match the inflation rate of the Consumer Price Index.“Having these new agreements in place is critical as we move ahead with a multi-year transformation to return to financial sustainability and better meet the modern needs of the country,” Canada Post said.“It’s important that we move forward in a timely manner, while continuing to work closely with our bargaining agents and the Government of Canada.” Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.