Latest News
This page presents developments that relate to issues examined by CARS.
Bank of Canada cuts benchmark interest rate to 0.5%, slashes economic outlook
OTTAWA — It was widely predicted, and now the Bank of Canada has joined private-sector analysts in acknowledging the economy likely slipped into recession in the first...
Proposed draft of the National Standard of Canada for Design
The Canadian General Standards Board (CGSB) has released the proposed draft of the National Standard of Canada for Design, manufacture and use of intermediate bulk...
Heritage Park offers luxury dining in old CP Rail car
A Canadian Pacific rail car built in 1929 has been brought back into service as a luxury dining car at Heritage Park Historical Village, the living history museum in...
Industry Canada report paints gloomy picture of manufacturing
As the Harper government touted the "good news" of a big rebound in Canada's manufacturing sector, an internal report painted a more pessimistic picture.... To view the full...
Bank of Canada interest rate decision: To cut or not to cut?
It came as a shock to just about everyone when Bank of Canada governor Stephen Poloz announced the central bank would lower its benchmark lending rate in January to 0.75 per...
NYAB partners with Predikto on LEADER improvements
Predikto, Inc. announced on July 14, 2015 a new collaborative effort, where New York Air Brake, Inc. (NYAB) will incorporate the company’s auto-dynamic predictive...
Trade Minister stays silent on potential TPP concessions
Trade Minister Ed Fast is pushing back at U.S. efforts to goad Canada into spelling out how it might open dairy and poultry markets to more foreign competition... To view...
AARS offers scholarship for railway management course
The American Association of Railroad Superintendents (AARS) has announced a call for applications for the Michigan State University Railway Management Certificate Course...
CP discusses Arbutus rail line operating plan with Vancouver
Canadian Pacific recently met with officials from the city of Vancouver, British Columbia, to discuss its operating plan for the Arbutus corridor rail line... To view the...
PM Harper blames external factors for Canada’s economic ‘downturn’
PICKERING, Ont.—Prime Minister Stephen Harper says the government will react with “strong fiscal discipline” to the “downturn” in the Canadian economy, which he...
Government favours infrastructure projects to Conservative ridings
The federal government has funnelled 83 per cent of the projects under its signature infrastructure fund to Conservative-held ridings, according to an analysis by The Globe...
Canadian railways expected to temper 2015 outlook
Canada’s sluggish economy and lower volumes of coal, grain and energy-related products could undermine the lofty 2015 earnings goals for the country’s two largest...