July 24, 2015 | CP, Headlines
(Source: Financial Post, July 23, 2015) OTTAWA — Rebecca MacDonald, who was appointed head of Canadian Pacific Railway Ltd.’s corporate governance committee on Tuesday, has spent years weathering allegations of deceptive sales tactics and questionable accounting...
July 23, 2015 | CP, Headlines, Oil Train
(Source: Canadian Press, July 22, 2015) MONTREAL — Canadian Pacific Railway Ltd. has filed for permission to appeal a judge’s ruling in relation to the $430-million settlement fund for victims and creditors of the Lac-Megantic train derailment, according to court...
July 23, 2015 | CP, Headlines
(Source: Globe and Mail, July 22, 2015) TORONTO — Hunter Harrison is slowing down. After eight weeks of struggling with medical complications following surgery on his legs, the legendary workaholic at the helm of Canadian Pacific Railway Ltd. says he plans to cut back...
July 22, 2015 | CP, Headlines, Quarterly Income
(Source: Canadian Pacific Railway press release, July 21, 2015) CALGARY, Alberta — Canadian Pacific Railway Limited today announced the highest-ever net income for the second quarter and the lowest operating ratio for the period in the company’s history. Net...
July 22, 2015 | CP, Headlines, Quarterly Income
(Source: Financial Post, July 22, 2015) OTTAWA — Canadian Pacific Railway Ltd.’s chairman and another member of its board resigned “over disagreements relating to corporate governance matters” Tuesday, shaking shareholder confidence as the railway cut its full-year...
July 22, 2015 | CP, Headlines
(Source: Global News, July 21, 2015) CALGARY — Canadian Pacific Railway Ltd. is planning more job cuts as the company faces lower than expected freight volumes and earnings. President and chief operating officer Keith Creel says the company plans to slash 200 to 300...
July 14, 2015 | CP, Headlines, Oil Train
(Source: CBC News, July 13, 2015) MONTREAL — A Quebec judge has rejected Canadian Pacific Railway’s challenge of a court settlement aimed at compensating residents of Lac-Mégantic. Full story: CBC News
July 7, 2015 | CP, Headlines
(Source: Financial Post, July 1, 2015) OTTAWA — Canadian Pacific Railway Ltd. has been in a bit of a slump, but the stock could be set to bounce back after falling 12 per cent so far this year. Full story: Financial Post
June 30, 2015 | CP, Headlines
(Source: Windsor Star, June 30, 2015) WINDSOR — The long discussed $400-million Detroit River rail tunnel project has been shelved indefinitely by the two major companies backing it, with no indication Monday it will be constructed any time soon. Full story: Windsor...
June 25, 2015 | CP, Headlines
(Source: CBC News, June 24, 2015) OTTAWA — The head of CP Rail is lashing out at Canadian Transport Minister Lisa Raitt, accusing her of threatening the company even before completing an investigation into an allegation that a train was parked in the mountains above...
