Industry Canada‘s spectrum management operations are proving to be a highly profitable business for the federal government, according to figures in a report obtained by Report on Wireless through an access to information request.The study, A Study of Market-based Exclusive Spectrum Rights, indicates that the department’s spectrum management program generated a profit in 2006/2007 of more than $326 million alone, and since 1998 has contributed more $2.4 billion to federal coffers.