Canada Post Raises Stamp Prices—Again

Mailing a letter is now going to cost more after Canada Post increased the prices of stamps for the third time in five years after the Crown corporation posted a $748 million loss for 2023. As of May 6, the cost of a domestic stamp, when purchased in a booklet or coil, will increase seven cents from 92 cents to 99, according to a release from Canada Post. The cost of a single stamp will increase eight cents from $1.07 to $1.15. This is on top of the five-cent increase in stamp prices in 2019, and a two-cent increase in 2020. Canada Post said the last major pricing change was in 2014....