Feds finalize Canada Post stamp prices, with increases set for Jan. 14

OTTAWA — Unless you really hurry, sending a letter to Santa for next Christmas will cost you a nickel more.

Starting Jan. 14, Canada Post says the cost for an individual stamp on a letter sent within Canada will be $1.05, instead of a loonie. Other increases for mail within the country range between a dime and 35 cents depending on the size of the letter.

The cost of sending letters to the United States will go up between seven and 20 cents, while overseas mail will need an extra 15 to 20 cents to get there.

The new rates are the first increase since March 2014.

Canada Post says the increases should generate $26 million in revenues for the postal service, of which $11 million will come from consumers and the remaining $15 million from small and medium-sized businesses.

Regulatory text posted online Monday estimates that the new rates will cost the average Canadian household about 65 cents next year.

The average cost for small businesses that use stamps to pay postage will be about $14.21.

Canada Post has long pointed to declines in letter mail as more Canadians opt to send emails instead of a written note. The regulatory text says that letter mail volume has almost been cut in half since 2006 — about two billion letters — and along with it revenue for the Crown corporation.

Federal rules require Canada Post to set postage rates that are fair, reasonable and enough to help defray the costs of operation.

“Given the current rate at which letter mail volumes are declining and the other financial pressures faced by Canada Post, it may no longer generate sufficient revenue to meet its service obligations in the future without regular changes in its rate structure,” says a posting in the Canada Gazette, a government publication detailing new federal rules and regulations.

In late November, Canada Post said it expects to finish its fiscal year with a loss.

The postal service was ordered in September to increase pay for suburban and rural postal employees by 25 per cent, which the agency said would cost $550 million by the end of the year, including a charge of $130 million that was put on its books in the final quarter of 2017.

Postal workers went on rotating strikes in late October, but about a month later the Liberals legislated an end to job action after Canada Post complained that a backlog of parcels had reached historic levels ahead of the crucial holiday shopping period.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Shaun Janse van Rensburg, a Red Deer resident, said he is tired of changing clocks twice a year. Photo by Mamta Lulla/Advocate staff
After COVID, Kenney may consider referendum on daylight savings

Albertans may be divided on several issues today, but there’s a consensus… Continue reading

COVID-19-death toll in Alberta reached 309 according to numbers posted on the province’s website Tuesday afternoon. (Image courtesy CDC)
Another 422 COVID cases reported in Alberta and two more deaths

The Alberta government confirmed 422 COVID-19 cases Tuesday and two more virus… Continue reading

test tube with the blood test is on the table next to the documents. Positive test for coronavirus covid-19. The concept of fighting a dangerous Chinese disease.
COVID-19 death toll verges on 10,000 as second wave continues to surge

Nearly 10,000 Canadians have died due to COVID-19, a mark of the… Continue reading

The Red Deer RCMP has filed another set of charges after an alleged assault at an anti-racism rally on Sept. 20. (File photo by Advocate Staff)
More assault charges filed after Sept. 20 anti-racism rally in Red Deer

Trevor Lyle Roy faces a second set of charges stemming from the event

Your weather forecast for Thursday, August 1st, 2019. (Pixabay)
Expect a slightly windy day in Red Deer Tuesday

Expect a slightly windy day in Red Deer. Although as of noon… Continue reading

Alice Kolisnyk, deputy director of the Red Deer Food Bank, says the agency expects an increase in demand as the COVID-19 pandemic continues. Every new subscription to the Red Deer Advocate includes a $50 donation to the food bank. (Photo by BYRON HACKETT/Advocate Staff)
Support the food bank with a subscription to the Red Deer Advocate

The community’s most vulnerable members are always in need of a hand,… Continue reading

The TMX Group logo, home of the TSX, is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
North American stock markets flat a week ahead of U.S. election

North American stock markets flat a week ahead of U.S. election

Prime Minister Justin Trudeau adjusts his mask as he leaves a news conference Tuesday October 20, 2020 in Ottawa. About 130 tech CEOs in Canada are accusing the prime minister of ignoring the needs of the innovation economy and being slow to enact data and intellectual property policies. THE CANADIAN PRESS/Adrian Wyld
‘We need a champion in government’: Tech CEOs want prosperity strategy from Trudeau

‘We need a champion in government’: Tech CEOs want prosperity strategy from Trudeau

The corporate logo of Teck Resources Limited is shown. THE CANADIAN PRESS/HO
Vancouver miner says sale of oilsands stake more likely as output allowed to rise

Vancouver miner says sale of oilsands stake more likely as output allowed to rise

Minister of Families, Children and Social Development Ahmed Hussen rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Tuesday, Sept. 29, 2020. THE CANADIAN PRESS/Justin Tang
Feds split rapid-housing cash between big cities, offer up rest for projects

Feds split rapid-housing cash between big cities, offer up rest for projects

Cilantro and Chive Owner Rieley Kay is set to open a second location, this time in Red Deer. (Todd Colin Vaughan/Lacombe Express)
Cilantro and Chive excited to open second location

New spot will open early in 2021 and is located near Westerner Park

Cases in Ponoka (East Ponoka County) as of Oct. 27. (alberta.ca)
Diagnosed cases of COVID-19 at three Ponoka businesses

Town ‘strongly encouraging’ residents to wear non-medical masks in public

Red Deer Rebels forward Jayden Grubbe is one of three Rebels on the NHL Central Scouting players to watch list for the 2021 NHL Draft. (Photo by BYRON HACKETT/Advocate Staff)
Three Rebels on 2021 NHL Central Scouting Players to Watch list

A trio of Red Deer Rebels has caught scouts’ eyes ahead of… Continue reading

Most Read