Insights and Stories on Canadian Pacific

Apr. 25, 2018 at 7:16 pm CDT

CNS Canada — This week’s acreage estimates from Statistics Canada could bring an end to canola’s recent chart surge upward — or could give futures the impetus to move even higher. The dominant July contract closed Wednesday at $535 per tonne, a gain of $8 from the previous Wednesday’s close. […]

By Dave Sims

Apr. 20, 2018 at 2:08 pm CDT

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 […]

By Allison Lampert, Julie Gordon

Apr. 6, 2018 at 7:48 pm CDT

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 […]

By Allison Lampert

Jan. 19, 2018 at 1:55 am CST

U.S. income tax reform and significant increases in non-grain traffic more than offset a dip in Canadian Pacific Railway’s grain handle in its fourth quarter of 2017. Calgary-based CP on Thursday reported net income of $984 million on $1.713 billion in gross revenues in what it described as its “best-ever” […]

By Staff

Dec. 22, 2017 at 4:06 am CST

Canada’s big two railways have both overshot the maximum revenue they’re allowed to keep for ferrying the 2016-17 grain crop off the Prairies. The Canadian Transportation Agency on Thursday issued its annual determination of how much, if any, revenue Canadian National Railway (CN) and Canadian Pacific Railway (CP) made over […]

By Staff