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Canada Post is poised to take strike action, as of this Friday, if no agreement is reached.

For almost a year, Canada's Union Of Postal Workers has been bargaining new contracts for the urban operations unit and the rural and suburban mail carriers unit.

Negotiations focus on pension protection and wages, seeking an 11.5 % increase over 4 years.

A 72-hour strike notice was announced, but it's uncertain if job action will take place.