News and Events - Canadian Union of Postal Workers

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CUPW National Office

377 Bank Street
Ottawa, Ontario  K2P 1Y3
Canada

Tel: (613) 236-7238
Fax: (613) 563-7861
TTY: (613) 236-9753

feedback@cupw-sttp.org

Showing 21 - 30 of 34 results

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    Thursday November 6 2014
    Monday September 15 2014
    Thursday September 19 2013

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    Thursday November 6 2014
    Currently as CUPW members who work at Canada Post we have a defined benefit pension plan. WHAT IS A DEFINED BENEFIT PENSION PLAN? A defined benefit (DB) pension plan is a plan in which the monthly retirement pension is determined by a set formula, rather than depending on investment returns or the health of the plan. The formula for the Canada Post Pension Plan is determined by our years of service and our earnings in the best five years of consecutive service. For part-time and RSMC workers, years of service are seen as a ratio of full-time hours.
    Monday September 15 2014
    Before going over the recent developments regarding our pension plan, I would like to remind you of the principles that guide the Union in all of its discussions regarding the plan, whether with Canada Post or with the Office of the Superintendent of Financial Institutions (OSFI). These principles are as follows:
    Friday July 25 2014
    The Facts Contrary to what you might have read on social media and elsewhere, the Union is not in consultation with the Corporation to deal with problems, real or imagined, facing the CPC pension plan or the Corporation’s inability to meet its funding obligations. Further, the Union’s participation in the Federal Government’s consultation on Target Benefit Plans in the federal sector is only tangentially connected to our concerns over Canada Post’s plans for our Defined Benefit Plan.
    Wednesday April 9 2014
    In a letter dated February 17, 2014, the Office of the Superintendent of Financial Institutions (OSFI) wrote the following in response to our letter dated January 29th: “Canada Post has recently offered a meeting with all collective bargaining agents and with the Pension Advisory Council that will cover the topics of funding relief, financial projections for the Plan as a result of the relief, and Canada Post’s role as plan administrator.”
    Friday February 28 2014
    After weeks of phone calls, letters and meetings between CUPW, Office of the Superintendent of Financial Institutions (OSFI) and Canada Post, OSFI has agreed to lift the restrictions on payments of commuted values from the Canada Post Pension Plan. They have imposed new restrictions which will allow members to withdraw the commuted value of their pension, but force Canada Post to pay a deposit of 40% of each withdrawal into the Canada Post Pension Plan.
    Thursday February 6 2014
    The Canada Post Pension Plan has been notified by the Office of the Superintendent of Financial Institutions (OSFI) that the administrator may not transfer moneys out of the pension plan or purchase immediate or deferred life annuities without the prior consent of OSFI. OSFI is the independent regulator who oversees pension plans to ensure compliance with the Pension benefits Standards Act (PBSA) and its regulations.
    Thursday November 28 2013
    On November 27, 2013 the Union was notified by Canada Post management that they are once again implementing a unilateral increase in pension contributions for employees. According to the notice the employee contribution rate will increase another 0.6 per cent of pensionable earnings. This is in addition to the 0.7 per cent increase that was unilaterally implemented by CPC effective July 1, 2013.
    Thursday November 28 2013
    The time has come to ensure workers have more financial security when they retire. An expanded Canada Pension Plan/Quebec Pension Plan (CPP/QPP) would do just that. Small increases in contributions would effectively double CPP/QPP benefits upon retirement.
    Thursday October 10 2013
    Canada Post management has informed the Union that it is “prepared to meet and review all possible scenarios to resolve the matters related to the financial health of the pension plan.” As you may recall, in my bulletin dated September 19, 2013, I mentioned that in early September, we met with Canada Post and we proposed to put in place a Working Committee to address the realities of the pension plan. We made this proposal because we believe that it is essential that postal workers are entitled to a secure pension during our retirement.
    Thursday September 19 2013
    In recent months, there have been a lot of media reports and discussions about the future of Canada Post. The debates started again last April, with the publication of a Conference Board of Canada report on the future of Canada Post. The Corporation took advantage of the situation by launching an on-line public consultative process and having “private” talks with various stakeholders. Several right-wing groups, such as the Fraser Institute and the C.D. Howe Institute, made sure to comment, each time attacking the public postal service and the rights of postal workers. And each and every time, we responded with our own solution, i.e. the expansion of services, including financial and banking services.

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    Latest Content

    Friday May 30 2025
    Today, May 30, CUPW met with Patty Hajdu, Minister of Jobs and Families, and John Zerucelli, Secretary of State for Labour. It was our second meeting with them since they were appointed to their positions after the federal election. At the meeting, we shared our thoughts and concerns about negotiations and the recent global offers from Canada Post. We were assured that the Minister would continue to play an intermediary role in the bargaining process but will not intervene at this time.
    Friday May 30 2025
    Media Advisory - OTTAWA - Canada Post’s plan will result in sweeping changes to our public postal system’s regulatory framework. The Corporation’s most recent contract offers to CUPW don’t drop its proposed rollbacks. When combined, this is sure to result in service and job cuts.
    Friday May 30 2025
    Wildfire season is early again this year. Fires are already raging in the northern part of the Prairies, in some Eastern provinces and in more isolated locations across the country. This is simply a reminder that we need to be ready to respond when such a situation arises again this year. In fact, some communities in Manitoba have received evacuation notices, and it is very likely that others will have to be evacuated over the coming weeks. In some part of Canada, the winter was mild with very little precipitation, increasing the risk of outbreaks. Therefore, we must once again be vigilant and ready to take the necessary measures to ensure everyone’s safety.
    Wednesday May 28 2025
    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
    Wednesday May 28 2025
    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.
    Wednesday May 28 2025
    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.
    Tuesday May 27 2025
    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.
    Sunday May 25 2025
    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.
    Friday May 23 2025
    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.
    Thursday May 22 2025
    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.

    CUPW launched its postal banking campaign with a giant inflatable piggy bank in downtown Ottawa.

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