Canada Post pro­poses postage rates in­crease

The Guardian (Charlottetown) - - BUSINESS -

OT­TAWA — Canada Post is propos­ing to in­crease both do­mes­tic and in­ter­na­tional postage rates next year in a move it says is nec­es­sary to off­set a con­tin­u­ing de­cline in mail vol­umes. The fed­eral Crown cor­po­ra­tion wants to raise the prices of Cana­dian and U.S. stamps bought in book­lets, coils or sheets for most let­ter mail weigh­ing 30 grams or less. If ap­proved, the in­crease would mean each do­mes­tic stamp would cost 90 cents - an in­crease of five cents - as of Jan. 11. The hike would not ap­ply to sin­gle do­mes­tic stamps, which cost $1.

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