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Stamp price increases won't affect individuals, might harm businesses

Sending a letter by mail is going to cost a lot more starting Monday as Canada Post increases the cost of stamps.

The bulk the price is jumping from $0.63 to $0.85 but if you want just one stamp it will cost you $1.

Most people who spoke to CFRA News Monday morning said they had already switched from posting bill payments to using online billing because prices have continued to rise.

They said this hike will still hurt their pocket books for the things they have to send.

"Birthday cards, Easter cards, Christmas cards, you know, especially to the old folks," said Christine who added they're a special thing to send to important people in her life.

"For the newspaper and sometimes for security," said Danielle.

"Letters, mostly birthday cards and whatnot. Other than that everything's done over the internet," said Dave.

"Subscription to a newspaper and some donations," said Louise.

But they agreed that 22 cents every once in a while wouldn't break the bank.

"I'm more concerned actually about my place of work because we're a not-for-profit organization so there's a lot of direct mail so I'm not sure how that's going to work out for us. It's going to really affect our budget for sure," said Susan.

Some people said they planned ahead and bought stamps with the permanent pricing ahead of Monday's increase.

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