Explore stories from Atlantic Canada.
HALIFAX, N.S. — The price of a Canada Post stamp increased by seven cents on Monday, the biggest postage increase in a decade.
With the increase, stamps bought in booklets, coils, or panes — which the Crown corporation says accounts for the bulk of stamp sales — now cost .99 cents each.This is the first significant stamp price increase since March 31, 2014, when the cost of a bulk-purchased stamp rose from 63 cents to 85 and a flat loonie for those sold on their own. That was followed by a five-cent bump in 2019 and two cents in 2020.
The changes also affect U.S., international letter-post, and domestic Registered Mail items, with commercial prices adjusted accordingly.Late last week, Canada Post reported a loss before tax of $748 million in 2023, driven by a competitive landscape coupled with more addresses receiving less mail. “Canadians understand our business model must change. They can see it in their mailbox,” president and CEO Doug Ettinger stated.
“An operating model designed to deliver nearly 5.5 billion letters in 2006 cannot be sustained on the 2.2 billion letters we delivered last year.”Snelgrove, convicted of sexually assaulting a woman while he was on duty as RNC officer, no longer on police force
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COMMENTARY: Let's make hepatitus C history in CanadaExplore stories from Atlantic Canada.
Read more »
Atlas Structural Systems opening new facility in Mount UniackeExplore stories from Atlantic Canada.
Read more »
Video streaming services see downloads, active users drop in April, BofA report showsExplore stories from Atlantic Canada.
Read more »
Evacuation chaos: N.S. needs animal rescue protocols now, say researchersExplore stories from Atlantic Canada.
Read more »
Tesla lays off more staff in software, service teams, Electrek reportsExplore stories from Atlantic Canada.
Read more »
German chancellor backs EU plan to use frozen Russian assets to fund Ukraine armsExplore stories from Atlantic Canada.
Read more »