(Source: Canadian Press, January 23, 2019)
CALGARY — Canadian Pacific Railway Ltd. says freight sales drove a 17 per cent leap in revenues to $1.96 billion in the fourth quarter, fuelled by oil, grain and other commodities. Net income for the country’s second-biggest rail company plunged 45 per cent to $545 million in the three months ended Dec. 31 compared to the same period in 2017.
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