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 $1.24 per stamp.

The cost of a single domestic stamp is now $1.44, up from $1.15.

Canada Post proposed the increase in September last year. It says the higher price is required to better align stamp prices with the rising cost of providing letter mail service to all Canadians.

It says the higher price is required to better align stamp prices with the rising cost of providing letter mail service to all Canadians.{ai:summary}<p>Canada Post has raised the price of stamps by approximately 25%, effective today. The cost for a domestic stamp in booklets, coils, or panes is now $1.24, while a single domestic stamp costs $1.44, up from $1.15.</p><p>The increase aims to align stamp prices with the rising costs of providing mail services in Canada. #economy</p>

Canada Post is raising stamp prices as of today. Here's what to know

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