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[Costco] Canada Post Stamps - Buy "P" stamps while you can (price going from $0.63 to $0.85)

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Deal Addict
Jul 29, 2013
1370 posts
33835 upvotes
Montreal

[Costco] Canada Post Stamps - Buy "P" stamps while you can (price going from $0.63 to $0.85)

On Dec 11 2013, Canada Post announced price increases for regular stamps from $0.63 to $0.85 per stamp. Anyone with Permanent "P" stamps will be able to continue to use them but they are suspending the sale of permanent stamps. I guess they'll go back to selling stamps with the price listed on them until MArch 31, 2014?

Anyways, I was at Costco today and they were still selling the permanent stamps for $0.60 each ($59.99 for 100 stamps). I'm assuming you can still pick up permanent stamps anywhere right now until Canada Post gives stores new stamps, so you may as well stock up now on PERMANENT stamps.

EDIT: Dec 12 2013

Most Canada Post locations are no longer selling P stamps, same for some pharmacies.

Costco is still selling their 100 rolls for $59.99 but this could be YMMV very shortly.

On March 31, 2014, Canada Post plans to launch a
new tiered stamp pricing structure.

• New prices will be launched for the
customers that buy stamps in booklets and
coils, representing 98 per cent of the volume
sold in this category. The price (per stamp)
will be $0.85, up from $0.63 today for letters
0-30 g mailed within Canada.



To assist in minimizing the effect of successive Lettermail rate increases, the
basic domestic letter rate will be offered at $0.63 until March 31, rather than
the regulated rate increase to $0.65 in January 2014 as per the five-year
pricing plan that took effect in 2010. Other Lettermail and USA/international
letter rates will also remain at 2013 levels during the same period.
Canadians who already have Permanent™ or “P” stamps will be able to
continue to use them without needing additional postage. However, the sale
of new Permanent or “P” stamps will be suspended until the transition is
successfully completed.
Link to Action Plan: http://www.canadapost.ca/cpo/mc/assets/ ... s/5_en.pdf
838 replies
Member
May 6, 2010
213 posts
59 upvotes
OP is correct. it is 0.85
The original plan 5 years ago was to go up to 0.65 cents in January 2014.
But with this new action plan, stamp costs will remain at 0.63 until March 2014 when it will jump to 0.85
Deal Addict
Mar 11, 2007
2159 posts
399 upvotes
QC
Im going to stockpile those and resell them later at profit.

Kinda weird to announce a big price increase more than 3 month ahead.
Sr. Member
Nov 27, 2006
601 posts
227 upvotes
Toronto
It will be $0.85 eventually:

Page 3: A new approach to pricing: Canada Post will introduce a new tiered pricing structure for Lettermail, which will better reflect the cost of serving various customer segments. Those who buy stamps in booklets or coils will pay $0.85 per stamp, with discounts for customers that use the mail most.
Deal Addict
Oct 21, 2004
2034 posts
165 upvotes
carabunny wrote:
Dec 11th, 2013 3:27 pm
it says 0.63 to 0.65
perhaps consider changing your title because it freaked me out for a second they jumped 20c+ per stamp
OP is correct. Page 8 clearly says $0.85. Purchasing single stamps will be $1.
Deal Expert
Mar 25, 2005
20226 posts
1495 upvotes
rebjorne wrote:
Dec 11th, 2013 3:29 pm
It will be $0.85 eventually:

Page 3: A new approach to pricing: Canada Post will introduce a new tiered pricing structure for Lettermail, which will better reflect the cost of serving various customer segments. Those who buy stamps in booklets or coils will pay $0.85 per stamp, with discounts for customers that use the mail most.
March 2014
Deal Addict
Oct 21, 2004
2034 posts
165 upvotes
tim.ng07 wrote:
Dec 11th, 2013 3:28 pm
OP is correct. it is 0.85
The original plan 5 years ago was to go up to 0.65 cents in January 2014.
But with this new action plan, stamp costs will remain at 0.63 until March 2014 when it will jump to 0.85
Whoops, you beat me while I was looking up the page reference.
[OP]
Deal Addict
Jul 29, 2013
1370 posts
33835 upvotes
Montreal
carabunny wrote:
Dec 11th, 2013 3:27 pm
it says 0.63 to 0.65
perhaps consider changing your title because it freaked me out for a second they jumped 20c+ per stamp
Sorry, the text I quoted didn't mention the price increase to $0.85, only that permanent stamps will continue to be accepted. I updated the OP to show the increase to $0.85
On March 31, 2014, Canada Post plans to launch a
new tiered stamp pricing structure.

• New prices will be launched for the
customers that buy stamps in booklets and
coils, representing 98 per cent of the volume
sold in this category. The price (per stamp)
will be $0.85, up from $0.63 today for letters
0-30 g mailed within Canada.
Penalty Box
User avatar
Sep 6, 2006
6786 posts
1248 upvotes
Washington, DC
Sending anything by mail is never a good deal but I agree with OP that if you use them now is the time to buy.
What boggles my mind is how a business that is seeing declining usage thinks increasing the cost of service to the customer is a good idea. It goes against all business principles I've ever seen from a developed company. Normally a company reduces cost to attract customers.
“Nearly all men can stand adversity, but if you want to test a man's character, give him power.”
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May 14, 2008
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Ali proudly stood up…
carabunny wrote:
Dec 11th, 2013 3:27 pm
it says 0.63 to 0.65
perhaps consider changing your title because it freaked me out for a second they jumped 20c+ per stamp
Erm, no. The OP sadly is correct. In fact it can be much worse - as much as $1 (+tax) for each stamp. See page 8. http://www.canadapost.ca/cpo/mc/asse...outus/5_en.pdf

Canada Post may as well forget about revising their pension plans. With this move the corporation is effectively dead. Time for everybody to dust off their old fax machines and give them to seniors so that the less tech-savvy can avoid using conventional mail service too.
12 months for condemning rape. 6 months for calling violent thugs "nasty". WTH? Is this IS?
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User avatar
Apr 23, 2003
2173 posts
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Toronto
lincoln wrote:
Dec 11th, 2013 3:33 pm
Sending anything by mail is never a good deal but I agree with OP that if you use them now is the time to buy.
What boggles my mind is how a business that is seeing declining usage thinks increasing the cost of service to the customer is a good idea. It goes against all business principles I've ever seen from a developed company. Normally a company reduces cost to attract customers.
Works for Bell/Rogers.
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