The ongoing #Canada Post strike is having a significant impact on Canadian businesses during the busy holiday shopping season, costing firms at least $76.6 million per day, according to the Canadian Federation of Independent Business.
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After 17 days of a nationwide #Canada Post strike, small- and medium-sized businesses have lost out on an estimated $765 million in earnings, #CFIB said in a statement on Monday.
If the strike continues, it will have cost the sector more than $1 billion by Wednesday, the group warned.
More than 55,000 Canada Post workers went on strike on Nov. 15, halting mail and parcel services across the country. Some post offices have also been shuttered amid the job action.
There are calls from some, including CFIB, urging the federal government to step in to end the labour disruption.
“It’s not Grinch who is about to steal Christmas,” Corinne Pohlmann, executive vice-president of advocacy at CFIB, said in a statement.
“It’s Ottawa sitting idly on the sidelines while small businesses are losing crucial revenue and sales due to circumstances outside of their control.”
CFIB wants the federal government to either impose binding arbitration or introduce back-to-work legislation.
Read more at an Article from Global News.
By: Saba Aziz, Global News