The price of Canada Post stamps is being increased today.
They go from 99 cents to $1.24 when purchased in booklets, rolls or sheets, an increase of 25%. The price of a single stamp increases from $1.15 to $1.44.
The increase in the price of stamps is not linked to the strike of 55,000 members of the Postal Workers’ Union. It was announced last September, while the strike took place from mid-November to mid-December.
Canada Post projects that this 25% increase will generate approximately $80 million in additional annual gross revenues for the year 2025.
She explains that this increase is “necessary to better align the price of stamps with the increasing cost of providing the service” throughout Canada.
Canada Post has estimated that the impact of the rate increase for the average Canadian household will be $2.26 per year and $42.17 per year for the average Canadian small business.
For large companies that still send a lot of invoices, statements and letters, the increase in the price of stamps can nevertheless represent a significant amount.
