Quote:
Originally Posted by Slava
Oh its not essential but I just think it's interesting how there should be an increased demand for parcels in particular and yet CP has failed to capitalize on that. This is why I think it has to do with costs like pensions/wages/benefits as opposed to actual issues with demand.
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I really think it has nothing to do with any demands or costs at all, in a tough economy most unions have the sense to not go asking for huge increases, I truly believe that this is all boiling down to Canada post wanting to use the recession as a means to increase their profits at the expense of the employees. In the article it mentions that they are asking for many concessions, if they are asking for a one or two year deal that would be a reasonable request but my guess is they are asking for 5 years or more, at which point the economy would be in a much better state, so why would they need those concessions. For all we know the union would be happy with minimal increases or even wage freezes for the first couple of years, anything they currently have should not have an impact currently otherwise we would have heard things about how Canada post would be planning closure rather than negotiatiing a new deal.