Canada Post is proposing to increase postage rates by two cents for domestic lettermail weighing 30 grams or less in 2020.
For stamps purchased in a booklet, coil or pane, the rate would become 92 cents a stamp – up from the current rate of 90 cents – while buying a single domestic stamp for the same lettermail item would cost $1.07, up from the current rate of $1.05. These rate changes would take effect on Jan. 13, 2020.
While usage varies, the estimated impact of the rate increases on the average Canadian household would be “well under a dollar a year, and the total increase for small businesses that use stamps would be estimated at about $6 a year,” reads a statement issued by Canada Post this June.
If the changes are approved for the upcoming January, Canadians can avoid the increase by purchasing Permanent stamps at the current rate in advance.
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 were published for public comment in the Canada Gazette, the official federal government publication, on June 15.