Latest News
This page presents developments that relate to issues examined by CARS.
CP responds to comments from Union Pacific CEO
CALGARY, Jan. 14, 2016 /CNW/ - Canadian Pacific (TSX:CP) (NYSE:CP) said today that it is surprised and disappointed by comments reportedly made by Union Pacific Corp.'s (UP)...
RSI promotes Patrick to VP of Trade Shows and Member Relations
The Railway Supply Institute (RSI) has promoted Amanda Patrick to the position of Vice President of Trade Shows and Member Relations, the association announced Jan. 14,...
Trade minister says renegotiation of Pacific trade deal not possible
MONTREAL – A renegotiation of the Trans-Pacific Partnership trade deal is not possible even though serious concerns may be raised during public consultations, Canada’s...
Oil briefly dips below US$30, while loonie flirts with 70 cents U.S
TORONTO—Oil and the Canadian dollar breached two benchmarks Tuesday, with crude briefly dipping below US$30 a barrel and the loonie slipping beneath the 70-cent U.S. level...
Chrystia Freeland won't commit yet to Feb. 4 TPP signing
Canada's international trade minister says her government hasn't decided whether it will participate in an expected signing ceremony for the Trans-Pacific Partnership in...
Extend O-Train south before widening Airport Parkway, Watson says
The city should hold off on widening the Airport Parkway until it extends the O-Train further south, Mayor Jim Watson said Wednesday, after admitting lower-than-expected...
Hamberger shares the industry’s 2016 goals, sums up 2015 achievements
Association of American Railroads (AAR) President and Chief Executive Officer Edward Hamberger says that the industry will be targeting several key issues in 2016, such as...
Trudeau ‘actively considering’ increasing infrastructure spending in effort to stimulate economy
OTTAWA — The Trudeau government is “actively considering” speeding up promised investments in infrastructure in a bid to stimulate Canada’s rapidly deteriorating...
Finance minister Morneau paints a bleak picture of economic growth
HALIFAX—The federal finance minister spoke of pitch-black moments in his morning shower and some darkening clouds for the Canadian economy as he kicked off his national...
Trudeau’s dance with the dragon: China must give as much as it takes
The news that Prime Minister Justin Trudeau will lead a high-level trade mission to China this spring signals that his government intends to put stronger engagement with...
New CanExport program helps Canadian companies fund global expansion
On Jan. 5, 2016, the federal government announced a new program offering financing and incentives to enable small and medium-sized enterprises (SMEs) to explore growth...
Status quo is not an option for North American rail industry, CP argues in white paper
CALGARY, Jan. 12, 2016 /CNW/ - Canadian Pacific (TSX: CP) (NYSE: CP) today released a white paper stating that a change in the railroad industry status quo is necessary to...