The union representing Canada Post workers says an unfair labour practice complaint over the company's layoffs has been resolved.

With the Canada Post strike nearing four weeks, the postal service says it doesn't see an end in sight. On Monday, the Canadian Union of Postal Workers sent over its latest list of proposals, which include wage gains and job protections.

Cleantek Industries Inc. (TSXV: CTEK) ("Cleantek" or the "Company") today provides an update on the impact of the national strike of Canadian Union of Postal Workers on the mailing of the Company's Q3 2024 interim financial statements and management's discussion and analysis (together the "Documents").

The Canada Post strike, now two weeks in, has cost the small- and medium-sized business sector at least $765 million or $76.6 million each business day. At this rate, if the strike is not immediately resolved, it will have cost the sector over $1 billion as of Wednesday, warns the Canadian Federation of Independent Business (CFIB).

Canada Post said the union's new demands are unaffordable and unsustainable, claiming they would cost more than $3 billion over four years at a time when the postal service is struggling financially.

The union withdrew an unfair labour practice complaint against Canada Post after the company agreed it would not lay off workers during the strike.

Canada Post says the latest offer from the union representing its striking workers is 'unaffordable and unsustainable' as a nationwide postal disruption nears one month

The union representing Canadian postal workers said in a complaint that Canada Post engaged in "a strategy of illegal intimidation" when it laid off hundreds of striking workers.