Thompson Local News

13% of small businesses across Canada quits using Canada Post after 2024 Strike

Nearly two in three small businesses may drop Canada Post if a strike resumes following the latest vote by their employees.

The strike toward the end of last year impacted small businesses to such a huge degree that 13 per cent of them permanently stopped using Canada Post.

Tyler Slobogian, a Senior Policy Analyst with the Canadian Federation of Independent Business talks about the impact of the last strike on small businesses.

“We estimate that the 2024 strike cost small businesses between 75 million to 100 million each day and it couldn’t come at a worse time. The holiday season is make or break for many small firms. Missed deliveries, delayed payments and cancelled orders meant many business owners ended the year in a much weaker position than expected. For some, it took months to recover if at all.”

Seventy-one per cent of businesses responded to the disruptions by encouraging customers to use digital options.

Nearly half turned to private couriers and 27 per cent delayed mail.

To hear more about the latest struggles of Canada Post and the reforms needed to turn things around, catch Thompson Today at 12:40 and 5:10 this afternoon.

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