Costco Canada membership fees have gone up for the first time in years

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Costco Canada membership fees have gone up for the first time in years
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For the first time in years, Costco has finally hiked its annual membership fees. The big-box store announced that a fee increase was coming back i...

The Gold Star membership has increased from $60 to $65 per year, and the higher-tier Executive Membership has jumped from $120 to $130 annually.The maximum annual 2 per cent reward for the Executive Membership has also increased from $1,000 to $1,250.

This change impacts 52 million memberships,"a little over half of which are Executive." There are currently 108 locations in Canada.This new measure was introduced to prevent non-members and those who haven't paid their membership fees from sneaking in. If you're a Canadian at a US Costco food court, based on today's exchange rate, you'd pay $2.04 CAD for its $1.50 USD hot dog combo.

If you've ever wondered how much Costco memberships cost around the world and how they compare to Canada, check out our report about itCanadian workers could see smaller salary increases next yearPeople are angry that TIFF gets to shut down busy TTC streetcar routeWays Canadian students will get more money from the government this year

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