HIGHER POSTAL RATES COULD BE COMING

Jul 09, 2015

By Michael Kramer

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Domestic and international postage rates could go up next year.

Canada Post says the move is necessary to offset a continuing decline in mail volumes.

The federal Crown corporation wants to raise the prices of Canadian and U.S. stamps bought in booklets, coils or sheets – for most letter mail weighing 30 grams or less.

That would mean each domestic stamp would cost 90 cents – an increase of five cents as of January 11th.

U.S. stamps would increase to $1.25 from $1.20, while stamps for other international destinations would go to $2.60 from $2.50.

Canada Post says it also plans to increase domestic rates for mail heavier than 30 grams.

A full outline of the proposed rate changes will be published Saturday in the Canada Gazette – launching a 30-day public consultation period – before a final decision.

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