Insights and Stories on Canadian Pacific

Nov. 9, 2015 at 3:51 pm CST

Reuters — Canadian Pacific Railway (CP) is looking to acquire U.S. peer Norfolk Southern, business news service Bloomberg reported Monday, citing people familiar with the matter. Canada’s second-largest railroad operator has already raised financing and held early-stage merger talks with Norfolk Southern, Bloomberg reported, citing two of the people. Freight […]

By Reuters

Oct. 25, 2015 at 1:28 am CDT

Canadian Pacific Railway (CP) boosted its income from Canadian grain by five per cent in its third quarter ending Sept. 30, on its way to its highest-ever Q3 gross revenue. Across all its business segments, the Calgary-based railway on Tuesday reported net income of $323 million on $1.709 billion in […]

By Staff

Apr. 25, 2015 at 9:42 am CDT

The federal government has named its arbitrator to settle a new contract between Canadian Pacific Railway (CP) and its conductors, engineers, trainmen and yardmen. Labour Minister Kellie Leitch on Monday appointed lawyer and professional mediator George Adams as the arbitrator and mediator for talks between CP and its 3,800 unionized […]

By Staff

Apr. 22, 2015 at 6:48 pm CDT

A bump in gross revenue from grain handling helped to improve first-quarter results for both of Canada’s big two railways. Canadian National Railway (CN) on Monday reported overall net income of $704 million on $3.098 billion in revenue for the quarter ending March 31, up from $623 million on $2.693 […]

By Staff

Mar. 9, 2015 at 7:57 pm CDT

Repair, maintenance and locomotive and rail car inspection staff at Canadian Pacific Railway (CP) have voted to ratify the last-minute deal that kept them off the picket line. The 1,625 unionized workers, represented by Unifor’s CP shopcraft bargaining unit, voted 79 per cent in favour of their four-year deal at […]

By Staff