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Canada Post stamp price to rise to $2 in 2027 under budget plan

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Budget 2026 would lift the ordinary Canada Post stamp to two dollars from one dollar forty-four starting in 2027, then add roughly seven percent each following year, according to CTV News. The hike sits among smaller revenue measures in the Carney government's wider fiscal package. Letter volumes have fallen for years while parcel rivals intensify pressure on the Crown corporation's books, so ministers have used rate changes to shore up postal finances. How the staged increases will be phased in is expected to be set out after the budget clears Parliament. Thursday's document also covered migration caps, housing funds and industrial support.

Source: CTV News

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