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Canada Post’s Profits, Dividends And Income Tax

March 13, 2006  -  14:52

Operation Transparency / Backgrounder

Canada Post Corporation

Profits, Dividends And Income Tax
(in millions of $)
Year Net Profits Dividends Income Tax
Apr. 1988 - Mar. 1989 96    
1990 149    
1991 14 60  
1992 -128 6  
1993 26    
1994 -270    
1995 -69   4
1996 28   4
1997 1121 10 6
1998 362 10 9
1999 503 212 16
2000 754 12 5
2001 845 19 81
Apr. 2001 - Dec. 2001 676 21 65
Jan. 2002 - Dec. 2002 717 16 56
2003 2538 18 (69)
2004 147 63 93
2005 199 59 80
2006 119 80 44

Source: Canada Post Annual Reports and Business Plans

1. $95 million from Canada Post, $17 million from Purolator
2. $24 million from Canada Post, $12 million from Purolator
3. $43 million from Canada Post, $7 million from Purolator
4. $84 million from Canada Post, $9 million loss from Purolator
5. $106 million from Canada Post: $22 million loss from Purolator
6. $57 million from Canada Post: $10 million from Purolator
7. Canada Post stopped providing net profit figures for its various operations.
8. Includes one time payment of $118 million, a settlement with a foreign postal administration over terminal dues.

 

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