As thousands of postal workers were ordered back to work yesterday, the crown corporation posted a message on their website warning that delivery delays will get worse before they get better.
Canada Post says parcel deliveries will continue, but will be delayed “during the peak holiday season and into January, 2019.”
The notice goes on to say “existing backlogs are expected to worsen this week due to high volumes from Black Friday and Cyber Monday sales.”
Meanwhile, Canada Post revealed its red ink is deeper than expected.
In releasing its third-quarter earnings, Canada Post highlighted how it was bleeding red ink even before its unionized workforce launched their walkouts.
It says the losses were a direct result of a historic pay-equity ruling announced by an arbitrator in September, awarding suburban and rural postal employees a 25-per-cent pay hike.
Canada Post recorded a pre-tax loss of 94-million dollars for the third quarter.
Combined with the costs associated with the rotating walkouts, Canada Post expects to end 2018 with a loss.