For Immediate Release OTTAWA – A study of banks and payday lending companies in the United States and Canada shows a real need for a postal bank exists, especially in areas where post offices abound but few banks offer their services. The paper, presented at the 22nd Rutgers University Conference on Postal and Delivery Economics, argues that restoring postal banking in the 21st century would help support post offices while offering much-needed financial services and jobs. “Why force people to resort to payday lending and pawn shops when a better option exists?” asked Denis Lemelin, National President of the Canadian Union of Postal Workers. The union has been campaigning for a postal bank.
OTTAWA – Sixty-four percent of respondents support new revenue-generating services at Canada Post, including financial services, finds a new poll. The poll results are drawn from a Stratcom national online survey which interviewed a nationally representative sample of 1,512 randomly selected adult Canadians between April 9th and April 10th, 2014. This announcement comes on the heels of a symposium on the feasibility of postal banking in Canada, hosted by the Canadian Union of Postal Workers (CUPW) on April 26 and 27. International guests from New Zealand, the United Kingdom, France and Italy shared success stories of the financial services that help keep their public postal services viable.
For Immediate Release OTTAWA -- Canada Post Corporation (CPC) conducted a secret four-year study on postal banking, which seems to indicate that getting into financial services would be “a win-win strategy” and a “proven money-maker” for the corporation. CPC's research study was stopped cold in the fall of 2013, just before the post office announced a five-point plan of massive cuts and steep rate hikes. Blacklock's Reporter obtained the internal report, including a management report entitled Banking: A Proven Diversification Strategy, through an Access to Information request. 701 of its 811 pages were redacted.
For Immediate Release -- OTTAWA – An inflatable piggy bank stood 12 feet tall behind Denis Lemelin, National President of the Canadian Union of Postal Workers (CUPW), as he urged Canada Post Corporation to include postal banking services in its future. October 16th is Canada Post's 32nd anniversary as a Crown corporation. "We thought Canada Post's anniversary would be a good time to talk about what our public post office needs to do to survive and prosper in the future," said Lemelin. "We postal workers understand Canada Post's challenges, and have been advocating service expansion for many years. Our union has recently worked with the corporation on the same-day merchandise delivery trial project in Toronto. We are hoping the corporation will now work with us to add lucrative postal banking services."
For immediate release OTTAWA- People like the idea of Canada Post making money through financial services according to a new poll. Close to two out of every three respondents (63%) to a Stratcom poll supported Canada Post expanding revenue-generating services, including financial services like bill payments, insurance and banking. CUPW asked Stratcom to conduct the poll in order to contribute to the debate on the future of Canada Post. The post office is currently conducting a public consultation on its future, focusing on cuts. "Canada Post has options other than cutting," said CUPW National President Denis Lemelin. “It could follow the lead of post offices in other countries by leveraging its network and adding lucrative banking services. Our poll results suggest there would be support for such a move.”
Support Postal Banking - Download and Sign the Petition
Canada needs a postal bank. Thousands of rural towns and villages in our country do not have a bank, but many of them have a post office that could provide financial services. As well, nearly two million Canadians desperately need an alternative to payday lenders. A postal bank could be that alternative. Download and sign the petition urging the Government of Canada to instruct Canada Post to add postal banking, with a mandate for financial inclusion.
On May 28, Canada Post released its annual report for 2024. The Corporation posted a loss before tax of $841 million, continuing a pattern of financial losses since 2018. Canada Post puts the blame for the scale of its losses to several factors
Today, May 28, Canada Post presented what it calls its “best and final” offers for both the RSMC and Urban bargaining units.
While Canada Post insists that its offers reflect the Union’s demands from our May 25 proposal, there are almost no changes from what the Employer put forward on May 21. There's no question: Canada Post is not negotiating. Canada Post is playing hardball.
Application deadline: June 30, 2025 - On the fifth anniversary of the passing of Sister Megan Whitfield, CUPW is honoured to offer the Megan Whitfield bursary, two financial awards to encourage aspiring trade union activists to continue the important work Sister Whitfield started before her life was cut short.
The Union has now heard back from Canada Post through the federal mediators. The Employer has proposed to return to the bargaining table Wednesday (May 28) to provide the Union with a response to our latest proposals.
Union negotiators and the National Executive Board spent the last few days, and nights, reviewing the Employer’s last offers and preparing responses to issues in the offers and issues important to the Union that the Employer failed to acknowledge.
Today, May 23, is the first day of a nationwide overtime ban. As of 12:01 a.m. today, members were called on to refuse to work more than eight hours a day and more than 40 hours a week. This is a legal strike action and all CUPW members must follow this direction.
The National Executive Board has called for a nationwide overtime ban effective May 23 at 12:00 am local time. That means members are being called on to refuse to work any more than eight hours in a day and refuse to work more than forty hours in a week.
Today, May 21, our negotiation committees received global offers from Canada Post for both the Urban Postal Operation (UPO) and the Rural and Suburban Mail Carriers (RSMCs) bargaining units. The Negotiators are currently reviewing and analyzing the offers’ contents. We will provide a more in-depth analysis shortly, but here are some of the main elements of the offers below...
After walking away from the table for the third time, Canada Post will finally table their global offers today. Our negotiating committee is currently on the way to receive the proposals.
This year, CUPW is proud to celebrate the Pride season under the theme "Workers United Against Hate" proposed by the Canadian Labour Congress. As we face a shocking rise in anti-LGBTQ hate in Canada and around the world, this theme is more important than ever.