Many businesses highly rely on the common postal service to ensure that products and services are delivered to consumers all over the world. For businesses in Canada, this is very important. This is particularly for businesses who offer their products and services online. Although there are many companies and small businesses who offer their services offline, there is still an option to have your consumer products shipped directly to you.
Small businesses Canada have the most to lose from a strike by Canada Post workers. It's estimated that the strike may be costing as much as $250 a day per company on average, despite the increasing use of email and private courier services. Many small businesses still rely on Canada Post services, and if the strike is prolonged or spreads nationwide it will cause even more disruption.
The cumulative effect will be less serious then postal strikes in the past due to the more numerous alternatives today, but many sectors of the economy will still be hurt and and many different types of firms will take a hit. Canada Post workers downed tools in Winnipeg late last week after unions and management failed to reach agreement over working conditions. The strike is expected to spread to Hamilton, Ontario this weekend as well.