Insights and Stories on Markets

Mar. 7, 2014 at 5:45 pm CST

Canada’s big two railways expect to be able to meet the federal government’s new mandatory requirements for Prairie grain movement — but warn it will take further commitments all along the supply chain. Canadian National (CN) and Canadian Pacific (CP) Railway responded Friday to Transport Minister Lisa Raitt’s order-in-council, which […]

By Staff

Mar. 7, 2014 at 4:07 pm CST

Ottawa | Reuters — Canada and South Korea are very close to signing a long-delayed free trade deal after years of talks, sources familiar with the negotiations said Thursday. “It’s imminent,” said one business source, who asked for anonymity because a formal announcement had not been made yet. “They are […]

By David Ljunggren

Mar. 7, 2014 at 12:13 pm CST

The federal government has imposed an immediate schedule of increasing mandatory minimum volumes of Prairie grain on Canada’s big two railways, subject to fines. Transport Minister Lisa Raitt on Friday announced an order-in-council, effective immediately, which sets out minimum volumes of grain that Canadian National (CN) and Canadian Pacific Railway […]

By Staff

Mar. 6, 2014 at 7:31 pm CST

Canadian Pacific Railway’s CEO has warned readers of Canada’s two national newspapers that adding more rail cars and locomotives now on CP track would serve only to worsen the grain backlog on the Prairies. Writing in full-page CP advertisements in Thursday’s Globe and Mail and National Post, Hunter Harrison said […]

By Staff

Mar. 6, 2014 at 6:46 pm CST

CNS Canada — Container truck drivers at the Port of Vancouver could walk off the job as early as noon Thursday, according to reports. The Vancouver Container Truckers’ Association (VCTA), which represents 400 drivers, issued a 72-hour strike notice on Monday after a 100 per cent vote in favour of […]