Latest News
This page presents developments that relate to issues examined by CARS.
British Columbia Company IPS Announces Major Expansion
Innovative Parts and Solutions (IPS) announced a major expansion of its manufacturing facilities in Maple Ridge, British Columbia. A new 23,000ft² (2,140m²) building is...
Transport Canada set to dump ACR passenger train file, says Hughes
Despite the fact that the Algoma Passenger train is a proven boon to the Northern Ontario economy, the Liberal government is content to live with their predecessor’s...
Financial watchdog warns Ontario’s debt will grow to $350B by 2020
TORONTO—Ontario’s financial watchdog warns the province’s net debt will grow by another $50 billion to $350 billion in the next four years, and predicts a return to...
CP Rail taps Keith Creel as next CEO; will assume post next summer
Canadian Pacific Railway says Keith Creel will succeed CEO Hunter Harrison on July 1, 2017... To view the full article please click here.
Via Rail pitches cheaper commuter train for Halifax
Via Rail has pitched an unsolicited proposal to bring commuter rail to Halifax for "significantly" less cost than a plan that was rejected last year as being too...
Freight-rail industry opposes, unions support FRA's two-person crew proposal
Freight-rail industry representatives last week called on the Federal Railroad Administration (FRA) to drop its proposed rule mandating two-person crews on freight trains......
Alberta facing one of longest, most severe recessions in its history
—A new report says Alberta’s current recession is expected to shrink the economy by more than double the average of the past four recessions... To view the full article...
Canada Focusing on EU Trade Pact Before U.K. Deal, Minister Says
The Canadian government is focused on ratifying a trade agreement with the European Union despite Brexit, International Trade Minister Chrystia Freeland said, downplaying a...
Prince Rupert Port expansion is good news for North
As the Prince Rupert Port continues to grow, so do the northern economies. The terminal is currently expanding and could possibly be the future site of LNG and propane...
Moving energy beyond borders
Can exports revive North America’s crude-by-rail and coal?... To view the full article please click here.
Alberta small businesses to get $1B boost from two government financiers
CALGARY—Two government owned financial institutions say they’re teaming up to provide a billion dollars in new loans to small and medium Alberta businesses... To view...
Unifor members ratify new contract with VIA Rail
Members of Unifor Local 100 and National Council 4000 have voted to accept a new four-year contract with VIA Rail Canada Inc. , union leaders announced yesterday... To view...