There'll be a major change coming in the way city-dwelling Canadians get their mail.
Faced with declining volumes of traditional letter mail and a billion-dollar pension debt, Canada Post has decided to eliminate all forms of door-to-door mail delivery in urban centres.
The change is expected to be phased in over the next five years. By then, the one-third of Canadians who now enjoy the services of a letter carrier will have to get their mail at a community mailbox.
The first neighborhoods to be forced to make the change will begin doing so by the end of next year.
The change comes as part of a five-point action plan designed to return Canada Post to "financial sustainability" by 2019.
Among the changes, the price of stamps will go up dramatically. Currently, the cost of a regular stamp is 63 cents. By March 31, 2014, the cost of an individual stamp will go up to $1 — though stamps bought in booklets or coils would cost 85 cents apiece.
The postal service plans to cut anywhere from 6,000 to 8,000 positions, mainly through attrition.