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Canada Post segment posts $74 million profit before tax for 2017 as parcel volumes grow by a record 24.5 per cent
Canada Post is reporting a 2017 profit before tax of $74 million, largely due to unprecedented growth in its parcels business. Most of the Parcels revenue growth of $393 million was from domestic shipments, which speaks to the important role Canada Post plays delivering for online shoppers and retailers across the country.
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