Friday , July 30 2021

Canada Post to raise the price of postage stamps by 5 cents

Sending mail will be a bit more expensive for Canadians this year.

Canada Post announced on Friday that the price of postage stamps will increase for the first time since 2014 on Monday, January 14th.

The seals will cost 5 cents more, whether they are bought in a booklet, a coil or a panel ($ 0.90 from $ 0.85) or purchased as a single home-stamp ($ 1.05 from $ 1). The agency said on Friday that people can escape rising by purchasing permanent brands at the current rate, but the new prices are unlikely to cost many Canadians.

"While the use varies," Canada Post "estimates that the impact of price increases will be less than a dollar a year for an average Canadian household and about $ 14 a year for a typical small business," the statement said.

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