Canada Post has announced new rates for mail services. The new letter rates are effective June 26, 2010 and apply to domestic and international letters. The proposed increases in Canada Post prices are designed to help cover the costs that the postal service incurs. The proposed increases are not expected to increase costs for users, but rather to help them pass the costs on to their customers. The changes in Canada Post rates are expected to have a significant impact on businesses, consumers, and organizations.
Canada Post files proposed changes in its rates and services with the parliament of Canada each year. The changes are usually effective January 1 of the following year. They can affect the cost of stamps, metered mail, packages, and specialty mail. These changes are based on an analysis of the cost to deliver mail across Canada. The proposal is open to public comment until April 29, 2017. The new rates and costs may affect Canadians' mailing costs.
The increased cost of stamps is a good thing for the average Canadian household. The two cents increase will result in an annual cost increase of less than $1. For overseas mail, the cost will go up between 7 and 20 cents. The stamps used for mailing letters in Canada to the United States will cost seven to twenty cents more. For overseas mail, the cost will be around 15 cents. The changes to Canada Post rates are part of a strategy to reduce costs and to provide more services.
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