If you have to renew your passport soon, you might want to get a jump on that early in the New Year. The cost of getting a five-year Canadian passport will jump from $87 to $120 in July. Children's passports will cost $57, up from the current fee of $37. Without the fee increases, Passport Canada says it would not be able to maintain current operations, introduce a 10-year e-Passport and keep pace with technological advances. The agency is also going to start offering those 10-year passports this July, at a cost of $160.