A one-ounce first-class letter cost has gone up from $.68 to $.73, a 7+% increase. Really, not a bad price, to send a Christmas Card from Alaska to Florida or better. But, back in 1929...
Yes, there was a time when one US cent was worth something.
For a letter inside Canada the postage is $0.92 CAD, $1.30 CAD for a letter to the US.
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STOPSo the US one cent doesn’t really cost anything reasonable now