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OTTAWA, July 9, 2015 /CNW/ - Canada article is suggest to increase postage rates in 2016 as declining mail volumes continue to have a far-reaching impact top top its gaue won situation.

Canada short article proposes to boost the postage price for domestic LettermailTM items weighing 30 grams or less when purchase in a booklet, coil or pane come $0.90 from the existing rate of $0.85. The price of a single stamp would remain $1.00. The rate change would take impact on January 11, 2016 and also replace rates that will certainly have been in effect for 21 months.

Lettermail volumes have actually been declining for practically a decade. In 2014, Canada write-up delivered 1.4 billion fewer piece of residential Lettermail than in the peak year the 2006. Few of the biggest decreases have developed in 2015, increasing the erosion the Canada Post"s core business. Together mail quantities fall, the variety of addresses served also rises every year, affect Canada Post"s expense of law business.

The coporation, group is acquisition every activity necessary come secure postal organization for every Canadians and to avoid coming to be a drain on taxpayers. It is propose these new postage prices to help attain its long-standing mandate of remaining financially self-sufficient.

Canada article estimates the mean Canadian family members purchases under than two stamps a month, while the typical little business purchase fewer 보다 250 stamps per year.

Canadians can avoid the price increase by purchasing PermanentTM stamps at the existing rate the $0.85 in breakthrough of the proposed rate transforms coming into effect. Long-term or "P" stamps always retain your value and are precious postage regardless of once they were purchased.

Canada write-up is also proposing to increase rates for other residential Lettermail, U.S. And also international Letter-post items and Domestic Registered MailTM.

The rate transforms are one of several plot the corporation is acquisition to accomplish financial self-sufficiency. In December 2013, Canada post announced that Five-point activity Plan to change its business and preserve postal company for all Canadians. As component of the Plan, Canada post introduced a brand-new tiered pricing structure for residential Lettermail that listed discounts to customers who purchase stamps in booklets, coils or panes.

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The existing proposals will certainly be published July 11, 2015 in the Canada Gazette component I.