Canada Post is extending its lockout notice to Monday at 12:01 a.m. ET and says it is willing to submit to binding arbitration in an effort to resolve the ongoing labour dispute.
The Crown corporation said late Wednesday it was extending its deadline, which had been Friday, in the hopes the Canadian Union of Postal Workers (CUPW) would also agree to binding arbitration.
However, there are no talks planned and Canada Post spokesman Jon Hamilton said earlier Wednesday the two sides couldn't be further apart.
Canadians could lose almost all of Canada Post's services when corporation suspends the collective agreement.
Workers would still be on the job and receiving wages and benefits under labour laws, but the contract suspension would give Canada Post the option of triggering a work stoppage by locking out employees.
The union has vowed not to go on strike, creating something of a stalemate between the two parties.
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