Canada Post’s epost today announced that EPO Inc. has acquired the BCE Emergis (TSX: IFM) online bill delivery service, webdoxs. epost will combine the existing epost and webdoxs business-to-consumer services to provide Canadians with a single, Electronic Bill Presentment and Payment (EBPP) service that will be one of the most advanced of its kind in the world. The total purchase price for the webdoxs assets is $14.5 million.
Read MoreThe price to mail a letter in Canada will rise to 50 cents in January, the post office says. The new rate is effective Jan. 17, 2005 and is up from the current 49 cents levied in January this year. The 2.04 per cent increase is derived from a formula using Statistics Canada’s consumer price index. The cost to send letters, cards and postcards to the United States will rise to 85 cents from 80 cents in January, and to Can D1.45 from Can $1.40 for other foreign destinations.
Read MoreLeveraging Technology in the Home Delivery Market Segment
Wilson Pearce,
Regional Vice President,
Canada Post International Ltd
When Canadians think of “snail mail,” they probably don’t think of technology.
Luckily for Canada Post, Philippe Lemay does. He’s the executive vice-president for business development for Canada Post Corporation, and he knows letter mail is decreasing every year because of technology. But he has a plan: integrate technology into the postal service, and the postal service won’t lose customers.
Read MoreCanada Post Corporation has reported in its 2003 Annual Report a consolidated net income for its Group of Companies of CAD253 million for the fiscal period ended December 31, 2003. For the first time in the Corporation’s history, it has achieved positive consolidated retained earnings.
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