Postage rate increase for bulk stamps proposed in 2016
Canada Post is proposing to increase postage rates in 2016 as declining mail volumes continue to have a significant impact on its financial situation.
The proposal is to increase the postage rate for domestic mail items under 30g to $0.90 from $0.85 when purchased in bulk. The price of a single stamp would remain $1. The rate change would take effect on Jan. 11, 2016.
In 2014, Canada Post delivered 1.4 billion fewer pieces of domestic letters than in the peak year of 2006.
However, the number of addresses also rises every year, affecting Canada Post’s cost of doing business.
Canada Post is also proposing to increase rates for other domestic lettermail, U.S. and international letter-post items and domestic registered mail.
