Canada Post and CUPW come to terms; will this moderate rates?

Canada Post has concluded a 4-year agreement with its largest union, the Canadian Union of Postal Workers (CUPW). The new agreement will be in place until January 31, 2011.The agreement was tentatively reached February 8, but ratification by all members wasn't completed until April 22. Details of the agreement will be made public once the document is formally signed. It is known to provide a wide range of improvements to wages and working conditions.

It more or less ensures the post office of stability through January 31, 2011. Whether that will result in restraint on rate increases remains to be seen.