Latest News
This page presents developments that relate to issues examined by CARS.
Jason Seidl: Hunter Harrison key to CP+NS
“Take Canadian Pacific (CP) CEO Hunter Harrison out of the equation and CP's offer to Norfolk Southern (NS) and its shareholders would have little chance of getting...
Bill Ackman joins fray after Norfolk Southern Railway rejects Canadian Pacific Railway’s latest bid
Activist investor Bill Ackman jumped into Canadian Pacific Railway Ltd.’s battle to take over Norfolk Southern Corp., saying the U.S. company’s chief executive officer...
Liberals ask Tory patronage appointees to step aside
OTTAWA—A VIA Rail director, the head of Canada Post and two museum directors are among the more than 30 people named to patronage posts by the Conservative government who...
Infrastructure investment could lift Sask economy: Conference Board
Major public and private infrastructure investment will help Saskatchewan’s economy claw its way out of recession, according to the Conference Board of Canada... To read...
CP Rail could boost Norfolk bid up to US$35.8B: analyst
MONTREAL -- Canadian Pacific Railway has room to raise its bid for one of America's largest railways by nearly US$8 billion, or as much as 26 per cent, an industry observer...
Latest Buy America requirements will hurt Canadian manufacturers: CME
Canadian Manufacturers & Exporters (CME) is calling on the federal government to adopt a reciprocity policy for all its major infrastructure projects that will allow...
Intermodal operations a bright spot for CN, CP railways
Clarke Trolley likes what he sees from a window overlooking Canadian National Railway Co.’s intermodal container yard in Brampton, Ont... To read full article click here.
Letter to Harper patronage appointees asks them to 'voluntarily' choose 'to not serve'
A letter sent out by the government to dozens of people appointed to federal agencies and Crown corporations during the twilight... To read full article click here .
The Sprout: WTO to rule on COOL tariffs
The WTO is expected to release today details on the retaliatory tariffs Canada will be... To read full article click here.
Omnitrax canada looking to sell hudson bay railway and port of churchill
After the emergence of rumours over the last month, OmniTrax Canada has confirmed that it intends to sell the Hudson Bay Railway as well as the Port of Churchill... To read...
Transport Canada rescinds order to have flaggers at railway crossings
An order by Transport Canada to post flaggers at the CP Rail crossing at Third Avenue downtown 24 hours a day cost the city about $15,000 by the time it was rescinded on...
Manufacturers call for action plan to double manufacturing by 2030
The Ontario government needs to double down on its support for the province's manufacturing sector. That was the message delivered today at Queen's Park by a large...