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May 2019

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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

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

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Thursday March 7 2013
Thursday July 18 2013
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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 April 4 2014

The small and medium sized business community has expressed concern at the recent cuts announced by Canada Post.

Friday April 4 2014

Canada Post’s proposal to eliminate door-to-door mail delivery, dramatically increase stamp prices and close public post offices would have a signi

Monday March 31 2014
OTTAWA –The Canadian Union of Postal Workers is pointing out that Canada Post’s new higher postage rates, which come into effect today, are structured to give big businesses a break while individuals and smaller organizations will pay more. Stamp booklets, usually purchased by individuals and smaller companies, are shooting up from 63 cents per stamp to 85 cents while single stamps will cost a dollar. Large-volume mailers, however, will pay only 69 or 70 cents per stamp.
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 20 2014
For Immediate Release OTTAWA - The Canadian Union of Postal Workers notes that the cuts to door-to-door delivery announced today by Canada Post are unnecessary and will hurt people in the 11 affected communities. "This is a terrible plan and we will fight it every step of the way," said Denis Lemelin, National President of CUPW. "Canada Post executives and the Harper government are dismantling public postal service and refusing to listen to us when we point out there are better options for Canadians such as postal banking. Shame on them."
Monday February 10 2014
For Immediate Release OTTAWA -- Canada Post Corporation (CPC) conducted a secret four-year study on postal banking, which seems to indicate that getting into financial services would be “a win-win strategy” and a “proven money-maker” for the corporation. CPC's research study was stopped cold in the fall of 2013, just before the post office announced a five-point plan of massive cuts and steep rate hikes. Blacklock's Reporter obtained the internal report, including a management report entitled Banking: A Proven Diversification Strategy, through an Access to Information request. 701 of its 811 pages were redacted.

Support Postal Banking - Download and Sign the Petition

Canada needs a postal bank. Thousands of rural towns and villages in our country do not have a bank, but many of them have a post office that could provide financial services. As well, nearly two million Canadians desperately need an alternative to payday lenders. A postal bank could be that alternative. Download and sign the petition urging the Government of Canada to instruct Canada Post to add postal banking, with a mandate for financial inclusion.

GET THE PETITION

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