Canada Post Slightly Profitable In 2008

Posted on by Chief Marketer Staff

Canada Post Corp. reported net income of $90 million on revenue of $7.73 billion during 2008. In 2007, Canada Post generated net income of $54 million on revenue of $7.47 billion.

The Canadian Postal Service attributed its profitability to a series of cost-cutting measure without which it would have taken a loss of more than $150 million.

The service

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