(Source: Bloomberg, May 22, 2018)
Ownership limits in Canadian airlines and the country’s biggest railway will rise this week after the wrangling over a controversial transport law finally came to an end. The law would raise the individual ownership limit in Canadian National Railway Co. to 25 percent, from 15 percent. The only person near that limit is Bill Gates, who owns a combined stake in the railway of about 15.9 percent between his investment company, Cascade Investment LLC, and his family’s charitable trust.
Full story: Bloomberg