Is Canada Post doomed?
Description
Late last week, federal labour minister Steven MacKinnon recommended that Canada Post workers, who have been on strike for more than four weeks, be ordered back to work until May 22, 2025. In the meantime, an inquiry would look into the roadblocks preventing the two parties from getting to an agreement.
This labour dispute has led to a lot of debate and discussion about the future of Canada Post.
Ian Lee is an associate professor at the Sprott School of Business at Carleton University and has studied Canada Post for many years.
He walks us through the crown corporation’s grim financial situation, how its business could adapt, and its uncertain future.
For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts
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