TIME
Starting April 1, Canada will send all first-class out-of-town mail by air. Postage rates will be increased from 4¢ to 5¢ for a one-ounce letter, but there will no longer be an additional charge for air delivery; Canada’s 7¢ airmail stamps will be discontinued.
The rate boost will enable Canada’s Post Office to continue its record as a government moneymaker. Only twice since 1933 has the department lost money; its 20-year surplus is nearly $90 million.* The new rates will add some $15,000,000 to postal revenue, help meet rising costs, and keep the department operating in the black.
* The annual deficit of the U.S. Post Office climbed to $727 million last year.
More Must-Reads from TIME
- Donald Trump Is TIME's 2024 Person of the Year
- TIME’s Top 10 Photos of 2024
- Why Gen Z Is Drinking Less
- The Best Movies About Cooking
- Why Is Anxiety Worse at Night?
- A Head-to-Toe Guide to Treating Dry Skin
- Why Street Cats Are Taking Over Urban Neighborhoods
- Column: Jimmy Carter’s Global Legacy Was Moral Clarity
Contact us at letters@time.com