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Canada Post Proposing Rate Increase to Stamps in 2020

June 14, 2019 1:21 PM | News

Canada Post

The Canada Post logo is seen on the outside the company’s Pacific Processing Centre, in Richmond, B.C., on June 1, 2017. (THE CANADIAN PRESS/Darryl Dyck)

Canada Post is proposing a two-cent hike to single stamps next year.

For a domestic letter item weighing 30 grams or less, the price would rise to $1.07 per stamp, up from $1.05.

For stamps purchased in a booklet, coil or pane, the rate would become $0.92 per stamp, up from the current rate of $0.90.

Canada Post says while usage varies, the average Canadian household would pay under a dollar more per year. Small businesses would see a total increase of about $6 per year.

If the rate change is approved, it would take effect on January 13, 2020.

Canada Post is also proposing to increase rates for other domestic Lettermail, U.S. and international letter-post items and domestic registered mail. The rate proposals are published in Part I of the Canada Gazette.