Monday, January 13, 2025 the new postal rates will take effect for the Canada Post. There will be rate increases for all classes and sizes of letters and some services to affected meters and permanent stamps. “For stamps purchased in a booklet, coil or pane, which represent the majority of stamp sales, the rate would increase by 25 cents, to $1.24 per stamp.” Once you update your meter it will automatically switch to the new rates. The rate change is due to mail volume decreases to deliver to more addresses and inflationary pressures. Click here to learn more specifics about the rate change.