Canada Post is looking to make some changes to recoup financial losses.
In a move that has been criticized as "risky and Ineffective," Canada Post is raising the cost of stamps by 25 percent.
Canada Post expects to generate approximately $80 million in additional annual gross revenue in 2025 from this new measure, but that hardly covers the $3 billion the corporation has lost since 2018.
It says that higher delivery costs, paired with a growing Canadian population have contributed to its financial stress.
A stamp purchased in a sheet will now cost $1.24, rather than the previous 99 cents.
