August 16, 2013 | CP, Headlines
(Source: Canadian Press, August 15, 2013) MONTREAL — Canadian Pacific says it’s not responsible for paying to clean up Lac-Mégantic, Quebec. The railway is rejecting a legal demand by the provincial government that it help fund the cleanup of the devastated...
August 15, 2013 | Canada, CP, Headlines
(Source: Montreal Gazette, August 14, 2013) MONTREAL — Canadian Pacific Railway Ltd. has been added to the list of companies the Quebec government considers liable for cleanup costs for the Lac-Mégantic disaster. Full story: Montreal Gazette
August 5, 2013 | Canada, CP, Headlines
(Source: Reuters, July 31, 2013) OTTAWA — Canadian Pacific Railway, hired to transport oil from North Dakota to New Brunswick, subcontracted part of the job to the small railroad involved in the deadly crash in Lac-Megantic, Quebec, the company that chose the Canadian...
July 24, 2013 | CP, Headlines
(Source: Canadian Pacific press release, July 24, 2013.) CALGARY, Alberta — Canadian Pacific Railway Limited today announced record Q2 2013 results that continues to highlight the significant progress in its transformational journey. Second-quarter 2013 results...
June 4, 2013 | CP, Headlines
(Source: Bloomberg News, June 3, 2013) NEW YORK — William Ackman, the activist investor who staged a boardroom coup at Canadian Pacific Railway Ltd. (CP), plans to sell stock for the first time after the price tripled since he took a stake in the carrier in 2011. Full...
May 24, 2013 | Canada, CP, Headlines
(Source: Financial Post, May 21, 2013) OTTAWA — Concerns are being raised that efforts to improve efficiency at Canadian Pacific Railway Ltd. are contributing to a series of accidents at the railroad in recent months, including two more this week. Bill Brehl,...
April 29, 2013 | CP, Headlines
(Source: Financial Post, April 25, 2013) OTTAWA — Any doubt that the transformation underway at Canadian Pacific Railway is real was lifted this week after the railway delivered a “stunning” operating performance in the first quarter despite harsh winter weather,...
April 24, 2013 | CP, Headlines
(Source: Canadian Pacific Railway press release, April 24, 2013) CALGARY, Alberta — Canadian Pacific Railway Limited today announced record Q1 2013 results. Reported net income in the first quarter was $217 million, or $1.24 per diluted share, versus $142 million, or...
April 1, 2013 | Canada, CP, Headlines
(Source: Revelstoke Times Review, March 29, 2013) A labour dispute between Canadian Pacific Rail and its running trades employees’ union Teamsters Canada over the cancellation of local agreements has been settled in favour of the union. On Friday, March 22, the...
March 28, 2013 | CP, Headlines
(Source: Globe and Mail, March 27, 2013) TORONTO — A Canadian Pacific Railway Ltd. train spilled more than 20,000 gallons of oil onto frozen ground in northwest Minnesota on Wednesday, at a time when the safety of transporting crude by rail is increasingly in the...
