Buying a single Canadian stamp will cost $1

Photo courtesy CBC News
Photo courtesy CBC News

OTTAWA, ONT. (WIVB)

The price of mailing a letter in Canada has just gone up 37-percent.

The Canada Post raised the price of purchasing individual stamps effective Monday  to $1 for a single stamp.

You can still purchase stamps in a booklet for 85-cents, but even that is up from 63 cents.

The national postal service said the increases were necessary because of the declining volume of letter mail.

Most businesses will pay 75-cents per standard letter.

 

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