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Postage stamp price to increase 3 cents (Video)
Postage stamp price to increase 3 cents

Postage stamp price to increase 3 cents (Video)

The price of a first-class postage stamp will go up this weekend.

The price of first-class “Forever” stamps will increase from 46 cents to 49 cents starting Sunday, said Rich Hibbard, supervisor of the Mount Royal post office.

“I encourage anyone who wants to buy their stamps to do it this week, as long as they buy them between now and Saturday,” Davis said.

The rate increase was prompted by the recession, which resulted in a loss of money made off stamps between 2008 and 2009, according to postal officials. The rate increase was proposed as temporary, not lasting longer than two years.

Davis said the value of forever stamps will increase with the price of stamps. Instead of forever stamps having a set rate, they increase as the price of stamps increase, she said. This is one reason why she recommends people buy their stamps before the price increases.

“Once you buy them at this price, they’re good forever,” Davis said.

Postage stamps aren’t the only rates to increase. Davis said there will also be an increase in postcard stamps. That rate increase will take postcard stamps from 33 cents to 34 cents.

Agencies/Canadajournal




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