Le Lézard
Classified in: Business
Subjects: ECO, SBS

Canada Post proposes new postage rates for 2020 - Price of a domestic stamp would rise to 92 cents


OTTAWA, June 14, 2019 /CNW/ - Canada Post is proposing to increase postage rates in 2020 by two cents for a domestic LettermailTM item of 30 grams or less. For stamps purchased in a booklet, coil or pane, the rate would become $0.92 per stamp, up from the current rate of $0.90. Buying a single domestic stamp for the same item would cost $1.07, up from the current rate of $1.05. These rate changes would take effect on January 13, 2020.

While usage varies, the estimated impact of the rate increases on the average Canadian household would be well under a dollar a year, and the total increase for small businesses that use stamps would be estimated at about $6 a year. Canadians can avoid the increase by purchasing PermanentTM stamps at the current rate in advance, if the changes are approved for next January.

Canada Post is also proposing to increase rates for other domestic Lettermail, U.S. and international Letter-post items and domestic Registered MailTM. The rate proposals will be published for public comment in Part I of the Canada Gazette on June 15, 2019.

 

SOURCE Canada Post


These press releases may also interest you

at 13:30
The "Global Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering. Global gift card industry is expected to grow by 7.9% on annual basis to...

at 13:18
Simmons Bank hosted a grand opening ceremony to celebrate the latest Pine Bluff financial center located at 1400 E. Harding Ave. Simmons Bank operates five full-service branches throughout Pine Bluff....

at 13:05
Regulatory News: MaaT Pharma (EURONEXT: MAAT ? the "Company"), a clinical-stage biotechnology company and a leader in the development of Microbiome Ecosystem TherapiesTM (MET) dedicated to enhancing survival of patients with cancer, today reported...

at 13:00
Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II ("Nextdoor" or the...

at 13:00
The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Snowflake Inc. ("Snowflake" or the "Company") ....

at 13:00
Desjardins Investments Inc. ("DI"), as manager of the Desjardins Funds, announces changes to its mutual funds. These changes, described in detail below, consist of name changes to its range of SocieTerra Funds and Portfolios and two Wise ETF...



News published on and distributed by: