The prices of Canadian postage stamps will go up drastically in 2014, as part of Canada Post's action plan to make major changes in the Canadian postal system.
One thing that has changed already is that the sale of PERMANENT™ stamps, sometimes called "P" stamps, has been suspended temporarily until the new prices kick in. PERMANENT stamps are the ones that don't have a denomination on them, but are accepted at the current basic letter rate. PERMANENT stamps are valid for the current letter rate no matter when you bought them, so you'll still be able to use any you have on hand. You just won't be able to stock up on them to avoid the price hikes coming in 2014.
The actual price changes won't come into effect until March 31, 2014. Pending regulatory approval, those changes include:
- Stamps for regular-sized letter mail weighing up to 30 g currently cost $0.63. As of March 31, stamps for letter mail will cost $0.85 each if they are bought in coils or booklets. If they are bought individually they will cost $1.00 each.
- Businesses that use postage meters will get a "discounted" commercial rate of $0.75 a letter.
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