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Canadian Pacific Railway wins U.S. regulatory approval to buy Kansas City Southern
Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union representing about 550 administrative support and intermodal employees in Canada. Canadian Pacific Railway trains sit at the main CP Rail train yard in Toronto on Monday, March 21, 2022. THE CANADIAN PRESS/Nathan Denette
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Canadian Pacific Railway reaches deal with workers represented by Steelworkers
Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union representing about 550 administrative support and intermodal employees in Canada. Canadian Pacific Railway trains sit at the main CP Rail train yard in Toronto on Monday, March 21, 2022. THE CANADIAN PRESS/Nathan Denette
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Canadian Pacific Railway and Unifor reach tentative deal for 1,200 workers
Canadian Pacific Railway Ltd. and Unifor have reached a tentative collective agreement for 1,200 workers who are responsible for maintaining rail cars and locomotives. A Canadian Pacific Railway employee walks along the side of a locomotive in a marshalling yard in Calgary, Wednesday, May 16, 2012. THE CANADIAN PRESS/Jeff McIntosh
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CP Rail says Kansas City Southern merger will create jobs, improve service, in pitch to U.S. regulators
Canadian Pacific Railway Ltd. says it has received regulatory approval from the Committee on Foreign Investment in the United States for its acquisition of Kansas City Southern. A Kansas City Southern locomotive is shown in this undated photo. The Canadian Press/HO-Kansas City Southern
canada
Delayed snowmelt, potential rain and warm weather raises flooding risk in B.C.
An eastbound Canadian Pacific Railway freight train travels beside the high and fast moving Fraser River, near Agassiz, B.C., on Monday, July 6, 2020. The B.C. River Forecast Centre issued a high streamflow advisory for the lower Fraser River with it expected to peak on Monday. Flood warnings and watches have also been issued for parts of the province. THE CANADIAN PRESS/Darryl Dyck
canada
Canadian Pacific will have to pay taxes in Saskatchewan
Canadian Pacific Railway trains sit idle on the tracks due to a strike at the main CP trainyard in Toronto on Monday, March 21, 2022. The Constitution is being amended as it relates to the Saskatchewan Act to remove a section that exempts Canadian Pacific from paying taxes in the province. THE CANADIAN PRESS/Nathan Denette
investment ideas
North American railroad operators to lay bare volumes slump
A Canadian Pacific Railway crew works on their train at the CP Rail yards in Calgary in April of 2014.
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With its takeover of Kansas City Southern, CP sees access to Mexico and profit growth
FILE PHOTO: A Canadian Pacific Railway crew works on their train at the CP Rail yards in Calgary, Alberta, April 29, 2014. REUTERS/Todd Korol/File Photo
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Canadian Pacific hikes bid for Kansas City Southern to US$27.2-billion, renewing takeover battle with rival CN
Canadian Pacific Railway locomotives are shuffled around a marshalling yard in Calgary, Alta., Wednesday, May 16, 2012. Canadian Pacific Railway Ltd. is urging Kansas City Southern shareholders to vote against the proposed merger with Canadian National Railway Co. because of the regulatory uncertainty of its rival's US$33.6-billion bid. THE CANADIAN PRESS/Jeff McIntosh
report on business
Canadian Pacific Railway profit tops estimates on robust freight volumes
FILE PHOTO: A Canadian Pacific Railway crew works on their train at the CP Rail yards in Calgary, Alberta, April 29, 2014. REUTERS/Todd Korol (CANADA - Tags: TRANSPORT BUSINESS)/File Photo
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CP Rail, Kansas City Southern tout backing for US$25.2-billion deal, submit 259 letters of support to U.S. regulator
The Canadian Pacific railyard in Port Coquitlam, B.C., on Feb. 15, 2015.
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Two major shareholders in Canadian Pacific Railway, Kansas City Southern will vote for US$25-billion takeover
A Canadian Pacific Railway employee walks along the side of a locomotive in a marshalling yard in Calgary on May 16, 2012. THE CANADIAN PRESS/Jeff McIntosh
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CP Rail’s takeover of Kansas City Southern likely to be approved, analysts say
A wagon of a freight train of the Kansas City Southern (KCS) Railway Company is pictured in Toluca, Mexico October 1, 2018. REUTERS/Edgard Garrido
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CP gives CEO Keith Creel big stock option award as deal reward
CP Rail president and CEO Keith Creel holds the door for shareholders at the company's annual meeting in Calgary, Thursday, May 10, 2018.THE CANADIAN PRESS/Jeff McIntosh
inside the market
CP Rail’s share dip may not offer a bargain, but it’s a reason to take interest
(FILES) In this file photoa view of the famous 'Morant's Curve' offering a view of the frozen Bow River and the Canadian Pacific Railway at Banff National park near Lake Louise, Canada, late on December 06, 2013. - The Canadian Pacific Railway plans to merge with US-based Kansas City Southern (KCS) to create the first rail network linking Canada, the United States and Mexico, the companies announced on March 21, 2021. The deal is valued at $29 billion, including the assumption of $3.8 billion in outstanding KCS debt, a joint statement said. (Photo by Joe KLAMAR / AFP) (Photo by JOE KLAMAR/AFP via Getty Images)
opinion
CP Rail’s CEO unveils new tactics to win U.S. takeover battle
Andrew Willis
report on business
Canadian Pacific Railway beats earnings forecasts despite softer revenues
Canadian Pacific Rail locomotives sit idle at the company's Port Coquitlam yard east of Vancouver, B.C., on May 23, 2012. Canadian Pacific Railway Ltd. says it will seek shareholder and regulatory approval for a five-for-one split of its common shares. THE CANADIAN PRESS/Darryl Dyck
number cruncher
Nine companies creating shareholder wealth
For Number Cruncher column in Globe Investor/ROB only.
opinion
Banff train proposal picks up steam
Kelly Cryderman
politics
Statue debate reignites after protesters topple Montreal’s John A. Macdonald monument
The head and body of a statue of Sir John A. MacDonald are shown torn down following a demonstration in Montreal, Saturday, Aug. 29, 2020, where they protested to defund the police with a goal to end all systemic racism within all sectors of the Canadian government. THE CANADIAN PRESS/Graham Hughes
opinion
Canada’s rail traffic tells a different story about the economic rebound
David Parkinson
report on business
When the Canadian market tanked, company insiders took an unusual step: buying their own shares
Canadian Pacific Railway president and CEO Keith Creel addresses the company's annual meeting in Calgary, Wednesday, May 10, 2017. More than 3,000 conductors and locomotive engineers at Canadian Pacific Rail are on strike. THE CANADIAN PRESS/Jeff McIntosh
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CP Rail slashes outlook as pandemic, protests take toll on first-quarter profit
A Canadian Pacific Rail maintenance worker climbs onto a locomotive at the company's Port Coquitlam yard east of Vancouver, B.C., on Wednesday May 23, 2012. THE CANADIAN PRESS/Darryl Dyck
canada
Broken rail the suspected cause of two fiery Saskatchewan train derailments: TSB
Smoke rises from a fire at the site of a CP Rail train car derailment near Guernsey, Sask., on Feb. 6, 2020.
opinion
Canadian Pacific executives got worker safety bonuses in a year when four employees died
David Milstead
canada
Kahnawake rail blockade comes down after more than three weeks
People leave the site after a blockade in the Mohawk community of Kahnawake, Que., is dismantled, on March 5, 2020.
canada
‘The railways got very wealthy on our land’: How rail’s colonial past made it a target for blockades
Donald A. Smith, later Lord Strathcona, drives the famous 'last spike' into the ground at Craigellachie, B.C., in 1885, completing the Canadian Pacific transcontinental railway.
canada
No mechanical defects found on train that derailed in Saskatchewan: report
Smoke rises from a fire at the site of a CP Rail train car derailment, near Guernsey, Sask., on Feb. 6, 2020.
canada
Montreal-area train line shut down as groups support B.C. pipeline protesters
A member of the Mohawk community is shown on the Kahnawake reserve near a Canadian Pacific rail track south of Montreal, Monday, February 10, 2020 to stand in solidarity with protesters opposed to a pipeline project in northwestern B.C. THE CANADIAN PRESS/Graham Hughes
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Canadian railways limit shipment of oil and dangerous goods amid speed restrictions after derailment
Smoke billows up from a derailed Canadian Pacific Railway train near Guernsey, Sask., on Thursday, February 6, 2020. THE CANADIAN PRESS/Matt Smith
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Saskatchewan train derailment and fire puts spotlight on safety of oil-by-rail
A sign signals the closure of Highway 16 as smoke billows up from a derailed Canadian Pacific Railway train near Guernsey, Sask., on Feb. 6, 2020.
morning update newsletter
Morning Update: Canadians arrive from Wuhan; Lower speed limits imposed after derailment
Smoke billows up from a derailed Canadian Pacific Railway train near Guernsey, Sask., on Thursday, February 6, 2020. THE CANADIAN PRESS/Matt Smith
canada
Garneau orders speed restrictions after fiery train derailment in Saskatchewan
Smoke billows from a derailed Canadian Pacific Railway train near Guernsey, Sask., on Feb. 6, 2020.
report on business
CP Rail profit climbs 26 per cent despite dip in rail volumes
A Canadian Pacific Railway employee walks along the side of a locomotive in a marshalling yard, in Calgary, on May 16, 2012.
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CP and CN Rail set record for Canadian grain shipments in fourth quarter
A Canadian Pacific Rail train hauling grain passes through Calgary, Thursday, May 1, 2014. A rail bottleneck that left grain sitting in bins across the Prairies has prompted Ottawa to move up a statutory review of transportation legislation. THE CANADIAN PRESS/Jeff McIntosh
canada
Crews still battling fire from crude-oil train derailment in Saskatchewan
Smoke billows from the wreckage of a derailed Canadian Pacific Railway train, near Guernsey, Sask., on Dec. 9, 2019.