[
Canada Post says it has reached a deal with the Canadian Postmasters and Assistants Association, the second-largest union representing its workers.
The union represents 8,500 of the Crown corporation’s employees, most of whom are responsible for managing post offices in rural areas of the country.
The new collective agreement includes a wage increase of 11 per cent over three years, retroactive to Jan. 1, 2024, Canada Post said in a statement Thursday. The two parties have been negotiating for 18 months.
The corporation has yet to reach a deal with its largest union, the Canadian Union of Postal Workers (CUPW), having sent that group its final offer last month.
CUPW members went on 32-day strike last fall after the two sides failed to negotiate a collective agreement.