Cost of a stamp rising to $2 in 2027 and increasing 7% a year after that: Federal Budget

National Post · Stewart Lewis ·

The move is part of the federal government’s plan to 'modernize' the Crown corporation, the Federal Budget says

Mailing a letter will cost more in the new year, according to the federal budget.

The present cost of $1.44 for a stamp will jump to $2 in 2027. It’s part of the federal government’s plan to “modernize” the Crown corporation.

Ottawa notes in the budget that the move will “help bring Canada Post’s stamp pricing more closely in line with OECD peers by raising stamp rates.”

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