108 % Increase in Canada Post Shipping Rate Brutal for Small Business

Oct. 28, 2008 - PRLog -- Canada Post will increase rates for some small parcels by 108% in January 2009. Gail Bebee, president of the Ganneth Company, publisher of No Hype – The Straight Goods on Investing Your Money says, “We currently pay $2.65 to ship one of our books to a Canadian customer.  In January the cost will more than double to $5.50. This huge cost increase will severely impact our bottom line.”
Small businesses depend on Canada Post to deliver their products to customers at a competitive cost.  Bebee continues, “Heading into tougher economic times, these postal rate increases could be the kiss of death for a significant number of small businesses.  The federal government is helping the big chartered banks weather the financial storm by buying up billions of mortgages and guaranteeing some bank borrowing.  Why isn’t the federal government helping small business by ensuring reasonable price increases from this federal Crown agency?”
Bebee is available to speak with the media about the financial challenges of being a small business owner in Canada.  For further information, or to arrange an interview, please contact:
Gail Bebee
Tel:  416-733-0221
Cell: 416-428-1619
gbebee@nohypeinvesting.com
www.nohypeinvesting.com                      
About Gail Bebee:  Author and personal finance speaker Gail Bebee wrote No Hype – The Straight Goods on Investing Your Money to help others invest profitably. Gail owns The Ganneth Company, the publisher of this easy-to-read primer of investing basics for Canadians from the viewpoint of a savvy financial industry outsider. It’s the book she couldn’t find when she decided to take control of her money.   Bebee (B.Sc., M.Eng.) is an experienced independent investor and honours graduate of the Canadian Securities Course.

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The Ganneth Company is a boutique Canadian publisher of fiction and non-fiction titles that reflect the Canadian experience. Our most recent title is No Hype –The Straight Goods on Investing Your Money by Gail Bebee.