Canada Post says strike threat is already affecting revenue

Canada Post says the threat of a strike is “rapidly impacting” its revenue as customers concerned about their holiday packages not arriving in time switch delivery services.

“Retailers require certainty for their shipments at this critical time of year and are moving their parcels to other delivery companies,” the Crown corporation wrote in a statement Monday night.

Matt Poirier, vice-president of federal government relations at the Retail Council of Canada, said his group is hearing from shops “spooked” by the prospect of a labour disruption right before the holiday season.

“They really can’t afford to not have their packages or their goods moving. So that’s why they’ve been looking at all options and finding alternatives where they can,” Poirier said.

“It’s very important for all the parties involved in the talks to find a resolution as quickly as possible.”