Canada Post Corp. reported yesterday that it generated $54 million (Canadian) in consolidated net income for the 2007 calendar year. It processed more than 11.8 billion pieces of mail last year.
Canada Post generated $7.5 billion in consolidated revenues in 2007, including more than $1.4 billion in revenues generated by direct marketing.
Last year marked the 13th consecutive year of profitability for Canada Post. That
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