Canada Post will increase the cost of individual stamps by eight cents starting on May 6, and the cost of a booklet or roll of stamps will go up by seven cents per stamp.
Canada Post says domestic letter mail rates have gone up twice in the last decade: by five cents in 2019 and two cents in 2020. It says the last “major pricing change” was made in March 2014.
It says the impact of the change is estimated to be about 65 cents per year for the average Canadian household, and about $12.07 for the average Canadian small business.
Make it $2 for my household that might mail something once a year and invest yourself in some infrastructure, Canada Post.
The Bank of Canada kept its benchmark interest rate steady at 5.0 per cent on Wednesday and hinted that its tightening cycle might have peaked, though inflation remains a concern.
Desjardins and TD Bank are among forecasters calling for easing to begin in the spring, while RBC, CIBC and BMO are eyeing closer to mid-year for cuts. Money markets continue to fully price in a first, 25-basis-point cut in June, according to Reuters.
CIBC chief economist Avery Shenfeld said in a note to clients Wednesday that if inflation comes in below expectations, cuts starting in April are not off the table. CIBC is calling for a total of 150 basis points of rate easing this year, with the possibility the second cut from the Bank of Canada is half a percentage point.
The central bank’s next interest rate decision comes on March 6, with its updated forecasts for inflation and the economy set for April.
“At this point, the accused admitted he was the one who started the fires and, as his main motivation, claimed he was doing tests to find out whether the forest was really dry or not,” Charron said.
Would an adult elementary school jail sentence function as a form of punishment?
Liberals rebrand Canada's carbon tax rebate (www.ctvnews.ca)
Previously known as the Climate Action Incentive Payment, the Liberals are now calling it the “Canada Carbon Rebate.”...
Canada Post aims to raise the price of stamps in May. Here’s by how much (globalnews.ca)
Canada Post will increase the cost of individual stamps by eight cents starting on May 6, and the cost of a booklet or roll of stamps will go up by seven cents per stamp.
As summit on auto theft begins, audit finds most border agency investigators lack basic training (www.cbc.ca)
The audit concludes that most investigators had not completed core training, which “could be negatively impacting the quality of investigations.”...
Bank of Canada signals rates might have peaked. What comes next? (globalnews.ca)
The Bank of Canada kept its benchmark interest rate steady at 5.0 per cent on Wednesday and hinted that its tightening cycle might have peaked, though inflation remains a concern.
Quebec man who blamed wildfires on government pleads guilty to setting 14 fires (www.winnipegfreepress.com)
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