Canada Post: Will Sending Mails Touch Skyrocketed Prices Now?

Last updated: 2025/01/26 at 11:41 PM

Irfan Ameer

6 Min Read

The Canada Post is very much popular among the Canadian public especially the ones who love writing letters. Apart from letters, the Canada post is also helpful in transporting a lot of things. These can include anything and if you are looking forward to try it out, then you can go forward with it.

Contents

Are the prices of Canada Post going to be high from now on?Statement from the Hon. Jean-Yves Duclos, Minister of Public Services and Procurement Reason Behind Canada Post Price Growth in Mails Canada Post Rising Price and its Impact on People Conclusion

However, recently it has come to news that the Canada post and its prices will become a bit high. This is sad news. However, there are ample ways you can use to communicate your messages. This may not be the same as delivering letters, however, it by all means, may bring forward the spark that is much loved when someone brings in a letter.

Are the prices of Canada Post going to be high from now on?

In the proposed price increase brought forward by the Canada Post, sending a letter may get a bit pricier. This is because a significant price hike has been proposed with regard to the postal stamps. Furthermore, in a recent news release, the Crown corporation has evidently stated various details.

It has stated that the majority of stamp sales which are known to be sold in a booklet, coil, or pane would undergo a change. This means that it will go through an increase by 25 cents. This increase will be seen from 99 cents to $1.24 per stamp. Also, for a domestic letter which weighs around 30 grams or less, for it the price of a single stamp would jump from $1.15 to $1.44.

Statement from the Hon. Jean-Yves Duclos, Minister of Public Services and Procurement

“With a role to serve all, Canada Post is an essential service that connects Canadians, communities, and small businesses to each other and the country. The transition to digital communications is placing pressure on postal services around the world, but we know that Canada Post remains an important way for Canadians to stay connected to one another while providing good jobs for thousands of Canadians.

The Government of Canada is actively working with Canada Post to secure the long-term viability of this essential service. We will ensure postal service is maintained as part of Canada Post’s mandate as a ‘service first’ organization focused on delivering the mail.”

Reason Behind Canada Post Price Growth in Mails

The Canada Post stated in the news that this rate hike would be a one-time increase. This is, in their terms, much required to better align the stamp prices with the rising cost of providing the letter mail service to all the Canadians. It also outlined a few reasons behind the proposal. Thus, it successfully went into noting that the letter mail volumes in Canada have declined by 60 per cent. This has been noted over the past several years, as from 5.5 billion in 2006, it came down to 2.2 billion in 2023.

Also, in 2006, the average Canadian home received approximately seven letters a week. From seven, this number dropped drastically down to only two per week in 2024. The Canada Post chief mentioned how every year, there are fewer letters to deliver. However, it is addressed to more addresses. This itself goes onto to add a significant cost pressure to the Corporation. Plus, the continued inflationary pressures, as mentioned by the Canada Post, have also affected the ongoing largely. However, the Canadian post stamps have been the lowest on an international basis.

Canada Post Rising Price and its Impact on People

The Crown corporation with accordance to the Canada Post added that the proposed price change is estimated to have an impact strongly. This is solely because of the price fixed that is $2.26 for the average household and $42.17 per year. This is fixed entirely for Canadian small businesses. It strongly stated that permanent stamps will always, under every circumstances, be accepted at the current domestic postage price.

Plus, the proposed rate changes would also impact other services. This can include services such as US, international letter-post, and domestic registered mail items. All of these, will see a corresponding increase of about 25 percent on average. Plus, the commercial letter mail rates will also follow regulated rates. It would on a large basis also see an increase of about 25 cents. However, if the stamp’s rate of fee increase is approved, then the change will come into effect strongly on January 13, 2025.

Conclusion

Thus, this is all you need to know about the postal services in Canada. In some way, the rise in postal services might be quite problematic. However, keeping the recent inflation, it is fair. Thus, in some way or the other it is well-suited and will be good for the people later on.