Canada Post was hit by a strike Friday after failing to reach a new contract with about 55,000 workers represented by the Canadian Union of Postal Workers. All eyes will be on the labour dispute this week and how long it will continue ahead of the busy holiday season. The federal government recently moved to end labour disputes at ports in B.C. and Montreal by sending them to binding arbitration.Canada Mortgage and Housing Corp. will release its report on housing starts for October on Monday.
The union says it represents about 3,500 workers at the railway, including rail car technicians, mechanics, crane operators, machinists and electricians, as well as clerical and administration, customer support and fleet mechanics.Statistics Canada will release its October reading for inflation on Tuesday when it publishes its consumer price index for the month. The year-over-year inflation rate fell to 1.
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