20 h. ago Canada Post's latest offer 'major step backwards,' union says

The Crown Corporation's proposals Friday included compounded wage increases of 13.59 per cent over four years.

Politics

24 h. ago Canada Post union says latest contract offer is a ‘major step backwards’

The union representing Canada Post workers says the Crown corporation is “making a mockery of the collective bargaining process” with its latest contract offers. In a statement released Friday, the union said it is disappointed with the latest offer, which it calls a “major step backwards.” “We waited 45 days for offers that are worse […]

Politics

26 h. ago Canada Post union says latest contract offer is step backwards

The union representing Canada Post workers says the Crown corporation is taking a major step backwards with its latest contract offers. In a statement released Friday, the union says it is disappointed with an offer that includes less than one it rejected in August. Canada Post tabled an offer Friday that included many terms from […]

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3 d. ago Canada Post CEO says he supports Ottawa’s plan to shore up shaky finances

OTTAWA — The CEO of Canada Post says he supports the government’s plans to shore up the Crown corporation’s finances. Doug Ettinger’s comments came in an open letter published Wednesday, as a nationwide postal workers’ strike launched in response to the federal government’s planned overhaul of Canada Post continued. In the letter, Ettinger said the […]

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6 d. ago Jobs minister urges Canada Post to table new offer to striking union

OTTAWA — Jobs Minister Patty Hajdu is urging Canada Post to quickly table an offer to the union of striking postal workers. The Canadian Union of Postal Workers took to the picket lines Thursday after Ottawa announced sweeping changes to the Crown corporation’s operations to address its troubled financial situation. Those changes include ending daily […]

Politics

9 d. ago Canada Post workers on strike and here's what you need to know

Canada Post workers are now on strike following the government's announcement of major cost-cutting measures.The Canada Post strike is in protest of the government's decision to implement sweeping changes to the Crown corporation. Minister Joël Lightbound outlined these changes during a press conference on Sept. 25.On the same day, Jan Simpson, national president of the Canadian Union of Postal Workers (CUPW), released a statement saying that Lightbound gave "no indication" that he would announce these changes after meeting with the union last week."The minister said he had the 'utmost respect' for postal workers. This is no way to show it," said Simpson.Changes coming to Canada PostLightbound stated that to cut costs, Canada Post will be transitioning to community mailboxes by converting four million addresses and closing rural post offices. Canada Post will also be able to adjust its delivery standards and raise stamp rates more freque...

Society

9 d. ago Five things to know about Canada Post’s future after Ottawa announces reforms

An overhaul to Canada Post’s operations is on the way after the federal government promised a suite of changes Thursday. The move comes as labour uncertainty continues to drag on and the mail carrier incurs significant financial losses. Here’s what you need to know about the factors affecting the Crown corporation’s future. What is Canada […]

Society

1 week ago Postal workers on strike after federal government announces end to door

Lightbound said the only other option would be for the government to continually bail out the Crown corporation to the tune of billions of dollars

Politics

1 week ago Canadian taxpayer watchdog group slams Crown corporations' $190M bonuses

A watchdog group in Canada is questioning the decision of some Crown corporations to hand out $190 million in bonuses.The Canadian Taxpayers Federation (CTF) has spoken out on bonuses awarded by Crown corporations, citing worries about tax spending. The citizens' advocacy group is a federally incorporated, not-for-profit citizens' group "dedicated to lower taxes, less waste, and accountable government." Records obtained by CTF reveal corporations handed out over $190 million in bonuses during the 2024-2025 fiscal year, drawing sharp criticism from the group."Bonuses are for when you do a good job; they shouldn't be handed out like participation trophies," said Franco Terrazzano, CTF federal director. "Taxpayers can't afford to bankroll big bonus cheques each and every year for highly paid government executives. Here's a crazy idea: maybe the government should stop handing out bonuses when it's borrowing tens of bil...

Economics

1 week ago WHERE CAN CARNEY CUT?: Crown corporation bonuses and civil service pay a good start

WATCH: Sun political columnist Lorne Gunter on where Prime Minister Mark Carney can find 7.5% in spending cuts for the budget coming out in November. What do YOU think? Tell us your thoughts in the comment section below or send us a Letter to the Editor for possible publication to torsun.editor@sunmedia.ca.  Letters must be 250 […]

Politics

1 week ago $12B in food and drink exports could be shifted away from U.S.: Farm Credit Canada

Farm Credit Canada has identified $12 billion in food and beverage exports that could be shifted away from the U.S. market as cross-border trade comes under continued strain. The Crown corporation, which provides financing and other services to the agriculture industry, says U.S. tariffs have introduced uncertainty to a relationship that has historically been of […]

Economics

2 w. ago Canada Post sending new offers to union with aim to move talks forward

OTTAWA — Canada Post says it will be sending new offers to the Canadian Union of Postal Workers in an effort to move negotiations forward. The Crown corporation says the new terms will allow the two sides to return to the bargaining table next week, with work already under way to make that happen. In […]

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2 w. ago ‘A slap in the face’: Community newspapers go undelivered amid Canada Post labour unrest

As of Monday morning, workers at the Crown corporation have stopped delivering flyers — but that designation also includes some free community newspapers.

Other

2 w. ago Bank of Canada to update interest rate this week and here's what to expect

Another Bank of Canada (BoC) interest rate announcement is coming this week, and it may be promising for Canadians.Canada's central bank held its key interest rate at 2.75 per cent for the third time this year in July amid "threats of new sectoral tariffs" and "unpredictable" U.S. trade actions.The Bank of Canada has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12.Experts are predicting that the next rate cut may be coming in the crown corporation's interest rate reveal on Wednesday, Sept. 17.Ratehub.ca mortgage expert Penelope Graham says that weaker job data in Canada and the U.S. may give the Bank a compelling reason to deliver a 0.25-point rate cut this week."Evidence is mounting that tariffs are whittling economic strength, and that some stimulus will be needed in the short term," she explains. "The growing likelihood of a similar cut from the U.S. Federal Reserve also prov...

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