The Canadian Federation of Independent Business estimates that the Canada Post strike, which has now lasted more than two weeks, costs SMEs $76.6 million per day.
That means the strike would have cost more than $1 billion by the end of the week.
“Ottawa stands idly by while SMEs lose significant sales and revenue due to circumstances beyond their control,” says Jasmin Guénette, vice-president of National Affairs at CFIB. The labor minister recently said mediation talks have been suspended because the two sides cannot reach an agreement. The minister has the power and the duty to end the strike.”
According to CFIB data, the strike had a negative impact on three-quarters of Canadian SMEs.
Of these, 41% reported financial impacts of a median amount of $2,000 due to lost orders, more expensive delivery options, late payments and the inability to promote their business at a crucial time. of the year.
69% of survey respondents would like the government to adopt special back-to-work legislation.
“CFIB is calling on Ottawa to immediately intervene and impose a binding arbitration process or special back-to-work legislation to partially salvage what remains of the crucial holiday shopping season. Small businesses have already lost important sales over the weekend of Black Friday, SME Saturday and Cyber Monday,” adds the CFIB in a press release. (N.P.)
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