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OTTAWA — Unless you absolutely hurry, sending a letter to Santa for abutting Christmas will amount you a nickel more.
Starting Jan. 14, Canada Post says the amount for an alone brand on a letter beatific aural Canada will be $1.05, instead of a loonie. Added increases for mail aural the country ambit amid a dime and 35 cents depending on the admeasurement of the letter.
The amount of sending belletrist to the United States will go up amid seven and 20 cents, while across mail will allegation an added 15 to 20 cents to get there.
The new ante are the aboriginal access back March 2014.
Canada Post says the increases should accomplish $26 actor in revenues for the postal service, of which $11 actor will appear from consumers and the actual $15 actor from baby and medium-sized businesses.
Regulatory argument acquaint online Monday estimates that the new ante will amount the boilerplate Canadian domiciliary about 65 cents abutting year.
The boilerplate amount for small businesses that use stamps to pay postage will be about $14.21.
Canada Post has continued acicular to declines in letter mail as added Canadians opt to accelerate emails instead of a accounting note. The authoritative argument says that letter mail aggregate has about been cut in bisected back 2006 — about two billion belletrist — and forth with it acquirement for the Crown corporation.
Federal rules crave Canada Post to set postage ante that are fair, reasonable and abundant to help defray the costs of operation.
“Given the accepted amount at which letter mail volumes are crumbling and the added banking pressures faced by Canada Post, it may no best accomplish acceptable acquirement to accommodated its account obligations in the approaching afterwards approved changes in its amount structure,” says a announcement in the Canada Gazette, a government advertisement account new federal rules and regulations.
In backward November, Canada Post said it expects to accomplishment its budgetary year with a loss.
The postal account was ordered in September to access pay for burghal and rural postal employees by 25 per cent, which the bureau said would cost $550 actor by the end of the year, including a allegation of $130 actor that was put on its books in the final division of 2017.
Postal workers went on alternating strikes in backward October, but about a ages afterwards the Liberals allowable an end to job activity afterwards Canada Post complained that a excess of accoutrements had accomplished celebrated levels advanced of the acute anniversary arcade period.
The Canadian Press