Canada Post is raising the cost of stamps and its other mail products by 25 per cent today, a move decided in September, well before a 30-day labour strike further challenged the organization's already dire financial situation.

Starting today, Canada Post is increasing its postage rates from $1.15 to $1.44 for the price of a single domestic stamp. For stamps purchased in a booklet, coil or pane—which the postal service says represents most stamp sales—the rate has increased by 25 cents to $1.24 per stamp.

Canada Post has increased the price of sending letters within the country and abroad. The domestic stamp price is increasing by 25 cents for stamps purchased in a booklet, coil or pane, rising to $1.24 per stamp. The price increase is steeper if you buy just a single stamp, now costing $1.44, up 29 cents over the previous rate of $1.15.

The cost to send a letter in Canada is increasing by about 25 per cent, effective today. Canada Post says the cost of stamps for domestic mail bought in a booklet, coil or pane has increased by 25 cents to $1.

Canada Post says customers will now have to pay more to send mail, after the company introduced a 25 per cent hike on stamp prices. The price hike comes after a year of financial losses and work disruption for the Crown corporation.