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 […] Read more
Quebec flooding forces hundreds from homes
German minister expects to win vote on CETA
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 […] Read more
Ackman exits CP, freeing up cash for next bet
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 […] Read more
CP mulls litigation over opposition to Norfolk Southern deal
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 […] Read more
CP revises hostile bid for Norfolk Southern, again
Reuters — Canadian Pacific Railway slammed railway Norfolk Southern on Wednesday, accusing it of misleading investors even as CP executives rolled out a new bid with increased shareholder protections to […] Read more
CP revises offer for Norfolk Southern, rebuffed again
Reuters — Canadian Pacific Railway (CP) on Tuesday revised its bid to buy U.S. railroad operator Norfolk Southern Corp, less than a week after its prior $28.4 billion proposal was […] Read more
Dairy farmers milk politics of Pacific trade pact
Reuters — New Zealand dairy farmers have a message for their Canadian counterparts, who worry a Pacific trade deal will throw them on the mercy of world markets and devastate […] Read more
Railway audit inadequate before Lac-Megantic disaster, TSB says
Lac-Megantic, Quebec | Reuters –– The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, […] Read more