Canada Post strike threatens to derail critical holiday season for retailers

“It’s been a really tight year, a difficult year for retailers,” said Matt Poirier, vice-president of federal government relations with the Retail Council of Canada. While inflation has slowed, the higher prices that came with it are continuing to hit Canadians’ pocketbooks, meaning that shoppers are not spending as much. The labour disruptions affecting the flow of goods to store shelves, and to customers’ doorsteps, is complicating business further.

“It is becoming a perfect storm in many ways,” Mr. Poirier said. “It’s making a challenging market that much harder.”