Canada Post Corporation (Ottawa, Ontario) has reported that the postage rate for domestic letter mail items weighing 30 grams or less when purchased in a booklet, coil or pane, will increase by 5¢ – from the current rate of 85¢ to 90¢. The price of a single domestic stamp will also increase by 5¢ – from the current rate of $1 to $1.05. The rate changes will take effect on Monday, January 14, 2019. The cost of sending mail to the U.S. will increase from 7¢ to 20, and overseas mail will cost an additional 15¢ to 20¢ – all on several factors.
In January of 2018, the Government of Canada unveiled a new vision for Canada Post focused on “ensuring that Canadians have access to high-quality postal services at a reasonable price, no matter where they live.” In response, on its website, Canada Post added: “This requires the corporation to remain financially viable, generating sufficient revenues to support current and future services. Canada Post works to strike the right balance between the need for greater revenues and ensuring it continues to provide good value to the people who rely on the postal service. While usage varies, the impact of this first increase since 2014 would be less than a dollar a year for the average Canadian household, and about $14 per year for the typical small business. Canadians can avoid the cost increase by purchasing permanent stamps at the current rate in advance of the change.”
Canada Post to increase cost of stamps to 90¢ each on January 14
