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www.canadianstampnews.ca An essential resource for the CANADIAN advanced and beginning collector Like us on Facebook at www.facebook.com/canadianstampnews STAMP NEWS Follow us on Twitter @trajanpublisher Volume 39 • Number 18 December 30, 2014 - January 12, 2015 $3.50 Canada Post in the black again for third quarter Canada Post has recorded a mod- been moved from the cities of Ot- est profit once again, for the third tawa, Hamilton, Ont., London, Ont., quarter of 2014, with a profit before and Saint John, N.B., as well as 10 tax of $13 million, compared to a other smaller centres. loss before tax of $129 million for Transaction mail volumes con- the same quarter last year. tinue to drop, the number of letters In making the announcement, handled in the third quarter of this Canada Post attributed the profit to year dropped by 58 million, a de- lower employee benefit costs, crease of 6.1 below last year. How- growth in parcel volumes, and new ever, the higher rates saw revenue pricing for lettermail. grow 13.7 per cent to $650 in the Canada Post marked the return of the CFL to Ottawa with stamps “Despite the uncertainty third quarter. No changes in depicting a Redblacks player and the new team’s logo. about volume erosion, im- regulated mail rates are provements to the bot- planned for 2015. Di- tom line are expected rect marketing to continue in the volumes 2014 saw big rate hike, fourth quarter dropped 5.6 and a net profit 2014 per cent, and for the year revenue dropped sports stamps aplenty ended Dec. 31,” Third $15 million to Canada Post said in $279 million. One By Ian Robertson 85 cents, a 35 per cent hike only if cus- the announcement. Quarter such innovation is The third quarter sequenced mail, First of three parts tomers bought stamps in bulk, such as in booklets or in rolls. results mean that year- Profit: which reduced to-date, the Crown manual sorting at he big news in 2014, for collectors and There was a sly little first-time adden- corporation had the destination mail users alike, was a whopping in- dum, however. Beginning March 31, the posted a profit before city. So far, 112 de- creaseT in postage rates. price of buying a single letter stamp was taxes of $39 million. pots have been re- As announced late in the previous $1, with a small-format definitive printed Last year, it had lost structured to re- year, money-losing Canada Post intended for that purpose. Other rates, of course, also went up: A $165 million after the $13 ceive sequenced to increase the price of mailing a 30-gram first three quarters. mail. domestic first-class letter from 63 cents to U.S.-bound letter now costs $1.20 to send, The new postage In the same pe- Continued on page 17 rates, as well as end- million riod, parcel reve- Publications Registration Mail No. 09136 Publications Registration Mail No. 40069699 No. Agreement ing home delivery nue grew 8.2 per- across Canada, were cent to $337 mil- key points of the firm’s lion, and the Five-point Action Plan, number of parcels grew by three announced in December, million, an 8.1 per cent increase over 2013. So far, 800,000 homes have 2013. Canada Post has invested in been, or are in the process of being automated parcel sorting at the converted from home delivery to Montreal processing plant. community mailboxes. According to The reduction in employee bene- the report, 100,000 addresses have fits costs saw that number drop $48 been converted, 700,000 have been million less in the third quarter of notified and are in the process of 2014, compared to the third quarter converting, and a further 200,000 of 2013. This was the result of strong will be notified and converted dur- pension asset returns and an in- ing 2015. crease in the discount rates used to Eliminating home delivery is ex- calculated benefit plan costs. pected to save the corporation be- Finally, labour costs for the third A 22-cent stamp featuring a tween $400-500 million a year, once quarter dropped to $13 million less monarch butterfly was issued to fully implemented. than last year. Canada Post said the allow customers to combine them Processing and sorting operations reduced costs were the result of with old 63-cent stamps to make are also being consolidated into more efficient operations, as well as up the new 85-cent domestic rate. fewer facilities. Mail volumes have fewer paid days. W CSN Subscribers Receive 10% OFF Listed Price COIN STAMP The VARIO System supplies A DIVISION OF TRAJAN MEDIA VARIO-F Binder VARIO Ring Binder Our popular 3-ring binder with 2 sheet-lifters. GIGANT Padded leatherette cover with matching slip- This 4 D-ring combination has a much larger case. The binder/slipcase combination comes capacity of approx. 60 VARIO pages. In 5 VARIO-CLASSIC Set in 5 colours: red, blue, green, brown, and black. colours: red, blue, green, brown, and black. Made in the best book binder’s tradition, leath- Overall size: 10” x 12 1/2” x 2 1/4” Overall size: 10 7/8” x 12 1/2” x 3 1/4” erette cover in protective slipcase. (255 x 318 x 58mm). (275 x 318 x 83mm). Capacity: 40-50 sheets (depending on con- Capacity: 40-50 sheets Large Capacity: up to 80 sheets tents). Sturdy 4-ring mechanism in burgundy, (depending on contents) (depending on contents). Also suitable for hunter green, and royal blue. sheet protectors BSH4. Overall size: 10 1/8” x 12” x 2 3/8” Red Ref. No. 324 027 Red Ref. No. 320 614 (257 x 305 x 60mm). Blue Ref. No. 324 535 Blue Ref. No. 311 862 Binder + slipcase Green Ref. No. 321 403 $27.95 Green Ref. No. 323 117 $43.50 Hunter green Ref. No. 333 443 Brown Ref. No. 303 407 Brown Ref. No. 332 735 Burgundy Ref. No. 336 281 $39.95 Black Ref. No. 330 764 Black Ref. No. 313 581 Royal Blue Ref. No. 328 848 For use with computers — creates full view images or close-ups For use with smartphones — creates close-ups USB Digital Microscope Universal Microscope Stand Phonescopes 20-200x, 2 Megapixeled. Easy to use, Works with many dif- Turns your smartphone into a surprisingly powerful creates JPEGs for web upload or ferent brands, ideal for digital microscope. Simply clip the precision macro graphics software. objects up to 50mm / lens and instantly capture images and Ref. No. 313 154 2” diameter. videos with up to 60x. Also suit- Ref. No. 341 067 able as a reading aid. ONLY Ref. No. PHONESCOPE 00 ONLY $199. 95 $55. ONLY $29.95 PRODUCT OF THE MONTH Desk Magni er FDC albums for 100 covers Long-wave Ultra Violet 5x Magni cation Featuring 50 inbound double- sided black pages. Top-loading. Table Lamp Black frame with 2 non-slip handles. Lens diameter 2 1/2”. Side illumination Free of acids and chemical Detects ourescence in stamps and by 6 LEDs with 3 di erent brightness softeners. Available in royal blue, banknotes. Peak e ciency at 366 nm, settings. Includes AAA batteries. burgundy and dark green. 4 watt bulb, AC operation. Ref. No. 345 409 For covers or postcards up to 7 3/4” x 5 1/8”. ONLY Ref. No. 341 000 95 95 Reg. Price: $19. Ref. No. FDC2+colour $19. ONLY ONLY 95 95 For covers (incl. No.10 envelopes) $15. $24. up to 9 1/2” x 5 1/4”. Expires Jan. 31, 2015 Ref. No. FDC4+colour ONLY $27.95 Visit our website for updates, promotions and our FEATURE OF THE WEEK specials. 1-800-408-0352 l www.coinstampsupplies.com 103 Lakeshore Rd., Suite 202, St. Catharines, ON L2N 2T6 (member) Business Hours: Mon.-Fri. 9 a.m. - 4:30 p.m. EST (member) Email: [email protected] Christmas carols hold long-lasting message Special FEATURE By Richard Logan hristmas changed greatly 100 hymns and carol transla- in the 19th century, with tions. For example, The English customsC being transplanted Hymnal (1906) contains 63 of his from country to country: the translated hymns and six origi- decorated fir tree from Ger- nal hymns. many; the Christmas stocking Accurate hymn and carol from Belgium and France; the translation is not an easy task British greetings of “Merry as it is almost impossible to Christmas” and “Happy New maintain an original poetic A set of British stamps issued in 1973 retells the Good King Wenceslas carol. Year,” and of course, St. Nicho- rhythm in translation. A chal- las from the Netherlands. lenge also exists in the fact that The period’s most famous these hymns and carols were ols and school songs compiled tion of a poem written by the In 925, Wenceslaus assumed authors – notably Washington originally written for a musical by Theodoricus Petri, a Finnish Czech poet Vaclav Alois Svo- the throne as duke of Bohemia Irving, William Thackeray, and style that would sound strange Catholic university student and boda in 1847 written in Czech, at the age of 18. The young Charles Dickens – fuelled the to Western liturgical and secu- published by Jaakko Finne, a German and Latin. duke proceeded to set up a na- various celebrations with their lar music. There is no doubt Swedish Lutheran, in 1582. Al- There is no way of knowing tion built on true justice and writings. In addition, medieval that while Neale took orthodox though popular in Finland and when the carol was put to- mercy.

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