Canada Post proposes rate hikes for lettermail

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    The proposed rate hikes are open to public comment and subject to regulatory approval.

    Canada Post is looking to increase postage rates in 2024.

    For stamps purchased in a booklet, coil or pane, the rate would increase by seven cents, to 99 cents per stamp. A single stamp would increase by 8 cents to $1.15. Canada Post says prior to these proposed changes, domestic letter mail rates have increased twice over the last decade (five cents in 2019 and two cents in 2020), with the last major pricing change made on March 31, 2014.

    The proposed rates were published in the Canada Gazette on Friday for public comment. Subject to regulatory approvals, they would take effect May 6, 2024.

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