Reading Time: 3 minutes Winnipeg/Montreal | Reuters — Marie-Pier Vincent, a fourth-generation Quebec dairy farmer, worries it will be even harder to make ends meet if Canada allows more tariff-free imports of milk products from the U.S. under a reworked North American Free Trade Agreement. Vincent, 28, is already looking for a second job to pay back the money […] Read more
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Fear, frustration on dairy farms as trade concessions sought
Tariff relief for Canada’s farmers at issue in Quebec election
Reading Time: 2 minutes Montreal |Reuters – Quebec farmers want further relief from a global tariff dispute ahead of Oct. 1 elections in the mostly French-speaking Canadian province, which has seen a recent rise in nationalist sentiment. Quebec’s ruling Liberals, centrists but separate from the federal Liberal party, launched their campaign on Thursday. They trail in polls behind the center-right Coalition Avenir Quebec […] Read more
CP conductors, engineers to get nine per cent raise over four years
Reading Time: 2 minutes Montreal | Reuters — Canadian Pacific Railway conductors and locomotive engineers will get a nine per cent salary hike over four years as part of a tentative agreement reached last week with the Teamsters, spokesmen from both the union and CP said on Wednesday. The agreement, which must first be ratified by members to go […] Read more
CP talks said stagnating as strike deadline looms
Reading Time: 2 minutes Montreal/Vancouver | Reuters –– Canada’s biggest rail union said no progress had been made in negotiations on Friday with Canadian Pacific Railway to reach a deal before a Saturday deadline as worries about a potential strike weighed on the country’s crude oil prices. If the two sides fail to reach a deal, a strike is […] Read more
CP conductors, engineers authorize strike
Reading Time: < 1 minute Montreal | Reuters — Canadian Pacific Railway conductors and locomotive engineers on Friday voted to authorize a strike action that could have the 3,000 workers walk off the job as early as April 21, Teamsters Canada said in a statement. The workers, whose collective agreement expired late last year, are asking for more predictable schedules […] Read more
Deal reached to avert CN strike, union head says
Reading Time: 2 minutes Montreal/Ottawa | Reuters — Canadian National Railway and a union representing 3,000 conductors on Monday reached an agreement in principle ahead of a looming strike deadline at Canada’s largest railroad, said a top union official. The union had set a strike deadline of Tuesday at 4 a.m. ET after the railroad announced new work rules […] Read more
Quebec flooding forces hundreds from homes
Reading Time: < 1 minute Montreal | Reuters — Flooding in towns across Quebec has forced hundreds of residents from their homes, and public security officials fear water levels will rise further with forecasters expecting rain Friday, local media reported on Wednesday. Heavy rains early this week have flooded towns in several areas across the predominately French-language province, including two […] Read more
German minister expects to win vote on CETA
Reading Time: < 1 minute Montreal | Reuters –– Germany’s economy minister said Thursday he expected the country’s Social Democrats, a junior partner in the ruling coalition, to vote in favour of a free-trade agreement between Canada and the European Union at a party meeting on Sept. 19. “We will get a majority vote,” German Vice-Chancellor and Economic Affairs Minister […] Read more
Ackman exits CP, freeing up cash for next bet
Reading Time: 2 minutes Boston/Montreal | Reuters — Billionaire U.S. investor William Ackman has exited his hedge fund’s investment in Canadian Pacific Railway, freeing up roughly US$1.5 billion in cash to make other future investments. Pershing Square Capital Management and CP on Wednesday said the New York-based hedge fund had sold its remaining 9.8 million shares in the Canadian […] Read more
CP mulls litigation over opposition to Norfolk Southern deal
Reading Time: 2 minutes Reuters — Canadian Pacific Railway (CP) said Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block its proposed merger with Norfolk Southern. “It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect […] Read more
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