FRA Certification Helpline: (216) 694-0240

CP Rail stock raised to ‘outperform’ on valuation

(The following appeared on the Financial Post website on March 8, 2011.) OTTAWA — A series of headwinds that have dragged on shares of Canadian Pacific have also created a buying opportunity for investors, according to Steve Hansen, Raymond James analyst. Shares in...

CP rail operations head Harris to retire

(Reuters circulated the following on March 2, 2011.) VANCOUVER — Canadian Pacific Railway’s executive vice president of operations, Ed Harris, a veteran of the industry, will retire just a year after joining the carrier, the company said on Wednesday. Harris...

82% majority of CAW members ratify new pact with CP Rail

(The Canadian Press circulated the following on February 25, 2011.) TORONTO – A union representing more than 2,000 employees at Canadian Pacific Railway says workers have overwhelmingly approved a new labor agreement. The Canadian Auto Workers union says 82 per...

CP and Vancouver port look to speed cargo movement

(The following appeared on the Vancouver Sun website on February 22, 2011.) VANCOUVER, B.C. — Canadian Pacific and Port Metro Vancouver announced on February 22 a collaboration agreement intended to accelerate the movement of cargo through Canada’s largest...

CN, CP push for a ‘pipeline on rails’

Canada’s two major railroad companies have begun making regular shipments of oil, in a move that changes how Canadian crude moves to market – and opens the door to new destinations for energy exports, including Asia. Although pipelines continue to carry the...

Canadian Pacific announces 2010 results

(The Canadian Pacific Railway issued the following on January 26, 2011.) CALGARY, Alberta — Canadian Pacific Railway Limited announced its fourth-quarter and full-year 2010 results today. Revenue in the fourth-quarter increased 13 per cent with gains across all lines...

Canadian Pacific issues service bulletin

(Ian MacKay, Canadian Pacific Railway Vice President, Customer Services & Intermodal Operations, issued the following service bulletin on January 18.) A Service Alert remains in effect from Calgary to Kamloops following the record snowfall, avalanches, snow...

Canadian Pacific issues service bulletin

(Ian MacKay, Vice President, Customer Services & Intermodal Operations at Canadian Pacific Railway, issued the following service bulletin on January 17.) Due to the record snowfall, avalanches, snow control activities, and hazardous winter road conditions that...