Anyway, the union's rotating strike was not putting any strain on the economy. It was the lockout that the corporation forced which brought everything to a grinding halt. That same corporation was actually rewarded by our government for initiating this economic dilemma, which is hilarious and sad.
The fact that one group of a few thousand wields that kind of power and leverage over 35 million is what is of real concern here.
Yes, the corporation was extremely greedy and selfish in the way they responded. But at the end of the day, they were rewarded by the government, so the message is that it's okay for corporations to take advantage of Canadian citizens.
cpt morgan, when you make statements that are most powerful after a union goes on strike, they don't always apply to a lock out unless you are referring to the corporation. Mentalfloss's post seemed to be making fun of you. I enioyed reading it.
democracy might apply if it was tax payers money paying for the pensions, but it isn't. you need to flip back 1 or 2 screens and read the article on myths
democracy might apply if it was tax payers money paying for the pensions, but it isn't. you need to flip back 1 or 2 screens and read the article on myths
Tonington, I don't know what to appreciate more: Your sarcasm or your willingness to help.
I recall the exchange on pensions, and as far as the 'myth' goes, the pension- issue wouldn't exist if it was a straight contribution of $X by the employer and $Y by the employee.. In the end when it comes time to collect, there is X+Y+interest.
The days of a defined pension plan generating a 'wage' ad infinitum regardless of the actual amount paid-in are long gone.
It is tax payers money paying for the pensions... I will assume that the argument here is that the "Corporation" pays for pensions out of profits, but again, this is a Crown Corp and has a mandated monopoly. The cost of the stamps (that can only be issued by the Crown Corp/Gvt) is where the money originates.
On that note, assuming that you are referring to 'profits' paying for the pensions, how about we claw-back those profits to account for those decades where Canada Post was losing money annually?
You are going to have to be a little more clear on this... By the 'corporation being extremely greedy', are you referring to the legal entity known as CUPW?
Canada post management.
Canada post management set wage increase at 1.9%.
Canada post management locked out their employees thereby inducing this 'economic crisis' the conservative government bellowed.
The conservative government then set wage increase at 1.3%, thus rewarding canada post management for inducing the same economic crisis they were complaining about.
DO YOU UNDERSTAND NOW?
All costs are carried to the customer, CP doesnt see moneey from the government, just legislation.
I suppose that the take-away for the union was that they looked a gift horse in the mouth.. Now they're wishing that they had accepted the initial offer, eh?
cranky; they are a Crown Corp that has a legislated monopoly in the mail delivery game wherein the only "currency" that can be used to engage this service is allowed by gvt... It's like any other gvt body, they live exclusively off the tax payer and have no alternative service available.
No one is saying the union is innocent.
But the government sided with one of the parties.
This is undeniable and actually backed by a metric. And the irony is that the cause of the 'economic strife' was being rewarded. Management was well within their right to lockout. But that is the move that ironically caused what the conservatives were clamouring against. It's self-defeating.
I suppose I will never understand your point, because if I don't buy stamps, I don't contribute to their revenue. My taxes at the end of the year don't pay to support them.
The postal system has been underwritten by the federal gvt for many many years. The cost of infrastructure, facilities and equipment was bought and paid-for via taxes.... Just because CP operates on a profit today, doesn't mean that those capital components were not funded by the tax base as well as postage rates.
CP making money is a relative recent phenomenon, but don't let that fool you into believing that the postal service has generated a profit overall.