Postage rate increase proposed for January 2012
By Nelson Daily Editor
The domestic basic letter rate will increase by two cents — from 59 cents to 61 cents — for standard letters weighing up to 30 grams, effective January 16, 2012.
This is part of a five-year pricing strategy announced by Canada Post in 2009.
Canada Post is also proposing the following rate increases to come into effect on January 16, 2012:
- $0.02 increase to $1.05 for domestic letters up to 50 grams;
- $0.02 to $0.15 increase for all other domestic letter weight categories, with the heavier categories incurring the larger increases;
- $0.02 increase to $1.05 for letters, cards and postcards up to 30 grams destined for the USA;
- $0.05 increase to $1.80 for letters, cards and postcards up to 30 grams sent to foreign destinations;
- $0.15 increase to $8.25 for domestic registered mail.
Based on Canada Post estimates, the average Canadian household purchases 45 stamps a year.
The two-cent increase to the price of a basic stamp in 2012 will translate into an annual increase in postage costs of less than $1 for the average Canadian household.
Canadians and small businesses can save money by purchasing the PERMANENT™ Stamp before Jan. 16. PERMANENT stamps are always valued at the going basic Lettermail™ rate.
