Cost of mailing basic letter to rise to 50 cents in January, says Canada Post

The price to mail a letter in Canada will rise to 50 cents in January, the post office says.

The new rate is effective Jan. 17, 2005 and is up from the current 49 cents levied in January this year. The 2.04 per cent increase is derived from a formula using Statistics Canada’s consumer price index.

The basic letter stamp will carry a picture of the flag or the Queen.

The cost to send letters, cards and postcards to the United States will rise to 85 cents from 80 cents in January, and to $1.45 from $1.40 for other foreign destinations.

Postage stamps are also subject to the seven per cent goods-and-services tax.

International rates are subject to Universal Postal Union rules, a Canada Post spokesman said Monday. Countries pay each other for the cost of handling each other’s mail, an expense known as terminal dues.

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