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23 April 2024
Postage Rates Going Up May 6th
OTTAWA—
Canada Post has published a proposal with the Government of Canada to increase its regulated letter mail rates. New pricing is set to take effect on May 6, 2024. If there are changes to this planned implementation date. Non-regulated Transaction Mail rates follow our regulated rates. Pending approval, this proposed increase will mean corresponding adjustments averaging 8% for non-regulated Transaction Mail products and services. The pricing change will affect the following products and services. Government-regulated products:
Lettermail (paid with stamps), U.S.A. and International Letter-post (paid with stamps)and Domestic Registered Mail. Non-regulated products :Lettermail (paid with postage meter/postal indicia), Incentive Lettermail, Prepaid Registered Mail/Government Secure Registered Mail, U.S.A. and International Letter-post (paid with postage meter/postal indicia), International Incentive Letter-post and International Registered Mail. This pending price change would be our first rate increase since January 2020.Prior to these proposed changes coming into effect, domestic letter mail rates have increased twice over the last decade (5 cents in 2019 and 2 cents in 2020). The last major pricing change was made on March 31, 2014.
First price increase since 2020.
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Direct mail marketing with Canada Post
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It is estimated that about 60% to 70% of every thing that is printed goes through the mail. A larger percent of Canada Post volume is direct mail with a continual shrinking volume of letter mail.
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