(Source: Bloomberg News, January 11, 2012)
OTTAWA — A boom in traffic at Canadian National Railways Co. and Canadian Pacific Railway Ltd., the country’s two largest rail companies, may mean Canada’s recovery will be buoyant even after economists and the Bank of Canada pared their outlook for growth this year. Canadian freight volumes accelerated in the fourth quarter to their fastest pace in 2011 on a year-over-year basis.
Source: Bloomberg News