Sending a letter could cost a little more next year as Canada Post has proposed a price hike on stamps. In a news release, the Crown corporation st...
Sending a letter could cost a little more next year as Canada Post has proposed a price hike on stamps., the Crown corporation stated that the majority of stamp sales would increase by 25 cents, from 99 cents to $1.24 per stamp.
It outlined a few reasons behind the proposal, noting that letter mail volumes in Canada have declined by 60 per cent over the past several years, from 5.5 billion in 2006 to 2.2 billion in 2023. "Every year, there are fewer letters to deliver to more addresses, adding significant cost pressures to the Corporation on top of continued inflationary pressures," stated Canada Post.How much would the increase impact Canadians?
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