The price of a domestic stamp will rise to 90 cents from 85 cents on Jan. 14 in the first postage rate increase since 2014.
According to CNW, using source information from Canada Post, postage rates rise on Jan. 14, with the price for stamps purchased in a booklet, coil or pane for domestic LettermailTM items weighing 30 grams or less increasing to $0.90, up from $0.85. The price of a single domestic stamp will increase to $1.05, up from $1.00.
While usage varies, Canada Post estimates the impact of the price increases to be less than a dollar a year for the average Canadian household and about $14 a year for the typical small business. Prices will also increase for mail to the U.S. and international destinations, and for domestic Registered MailTM.
The increases are the first for letter mail since March 31, 2014.
Canadians can avoid the increases by purchasing PermanentTM stamps at the current rate before the new rates take effect.
Under the federal regulatory process, Canada Post publicly proposed the increases in the Canada Gazette Part I in June of 2018.