New real estate fee?

A new $200 Canada Post fee could be passed on to homebuyers in new subdivisions.

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by Stefania Di Verdi
November 7th, 2012

Online only.

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Final notice bill

  • Canada Post will begin to charge new fees to developers to build community mailboxes in new subdivisions starting in January. The cost—$200 per address—could be passed on to homebuyers.
  • Being environmentally friendly doesn’t have to cost more money. Boomer and Echo shows us how to save money by going green.
  • In an effort to improve financial literacy among middle-school students, the Financial Planning Standards Council is encouraging its CFP professionals to volunteer to mentor classrooms as part of the Junior Achievement of Canada’s Dollars with Sense program. Last year, the program was delivered to 1,630 classes across Canada teaching 43,084 students the basics on budgeting, money management and investments. For more info visit jacan.org.
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2 comments on “New real estate fee?

  1. An argument could be made on the basis of fairness to pass those costs on, however, over time those community mailboxes must save Canada Post money as it is easier and faster to stand in front of a large box and deliver mail to 30-40 houses without having to walk to each house.

    So if they want to be fair, why do people who still get home delivery benefit from those reduced costs? Shouldn't they pay a premium for home delivery as compared to those who only get community mailbox delivery.

    Reply

  2. In my opinion, the decision to charge new fees to developers to build community mailboxes in new subdivisions is really objectable. $200 per address is a too high fee. At least they should decrease the fee to a minimum. Regards.

    Reply

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