Government approves regulations for postal rate increase effective March 31

The new regulations governing the cost of postal services are now a fait accompli, as the Privy Council Office has posted its approval, effective March 31. The National Association of Major Mail Users Inc. (NAMMU) is continuing to push back against commercial rate increases. The new commercial discounted rate will be $0.75 for small and medium enterprises using postal meters, but it is entirely at the discretion of Canada Post management.Incentive Lettermail rates are proposed to rise 15 per cent, from $0.61 to $0.70 (Machineable); from $0.60 to $0.69 (Presort). Single stamps for letters will go to $1 each for a 30g basic letter.