Canada Post segment reports $44-million profit before tax in first quarter on the strength of continued growth in parcels

OTTAWA – Canada Post’s focus on innovative, convenient delivery and returns experiences is helping Canadian businesses grow through e-commerce – and maintaining Canada Post’s position as the country’s No. 1 parcel company.

The growth in Parcels volumes – which were 12.5 per cent higher in the first quarter of 2017 than in the first quarter a year earlier – continues the positive momentum Canada Post achieved by competing to win business and deliver record-breaking parcel volumes in 2016, particularly during the peak holiday season. The Canada Post segment’s $44-million profit before tax for the first quarter, ended April 1, 2017, is consistent with the $44-million profit before tax in the first quarter of 2016.


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