Latest News
This page presents developments that relate to issues examined by CARS.
Traders Sell Shares of Canadian Pacific Railway Limited on Strength (CP)
Investors sold shares of Canadian Pacific Railway Limited (NYSE:CP) on strength during trading on Monday, .... To read full article click here
Media Advisory - Media Availability: TSB releases investigation report into bridge failure and derailment of Canadian Pacific Railway freight train at Calgary's Bonnybrook Bridge in 2013
CALGARY , Dec. 15, 2014 /CNW/ - The Transportation Safety Board of Canada (TSB) will be available to the news... To view full article click here
For B.C. manufacturers, the recession could finally be over
Everyone assumed the recession ended in 2012 or 2013, but I think people are really seeing it ending in 2014... To view full article click here
HOUSE FINANCE COMMITTEE TABLES PRE-BUDGET REPORT
Mr. James Rajotte, M.P., Edmonton-Leduc – Chair of the House of Commons Standing Committee on Finance – tabled the Committee’s report in respect of the pre-budget...
Provinces call on Ottawa to boost infrastructure spending
Provincial finance ministers are calling on the federal government to borrow billions of dollars to ramp up its spending on public infrastructure like roads, bridges and...
CP Applauds TSB's Call for Installation of Locomotive and Voice Recorders to Enhance Safety
CALGARY , Dec. 16, 2014 /CNW/ - Canadian Pacific (CP) has reviewed the Transportation Safety Board's report on the collision between two CP freight trains near Dunmore, AB...
Crude-by-Rail Here to Stay, IHS Energy Report Says
Crude oil shipments by railroads are expected to peak at about 1.5 million b/d in 2015-2016... To view full article click here
Vancouver looks to Los Angeles for insight on transit referendum
A sales tax is not the ideal way to pay for transit, but it is the most politically saleable, says the leader of one of the continent’s most successful pro-transit...
US can’t apply ‘Buy America’ rule in Canada, officials say
Ottawa cried foul Monday over Washington’s insistence on using only American steel for its renovation of a ferry terminal on Canadian soil... To view full article click...
Metrolink CEO DePallo resigns
Metrolink Chief Executive Officer Michael DePallo has announced he will step down from his post Jan. 2 to "pursue other opportunities." To view full article click here
Canadian manufacturing sales fall to $52.7 billion in October: Statistics Canada
OTTAWA – Statistics Canada says manufacturing sales fell 0.6 per in October to $52.7 billion, the second drop this year.... To view full article click here
Energy diversification a priority
The key U.S. global marker price for crude has fallen from over $105 a barrel in June to under $70 a barrel, a plunge not experienced since the global recession of 2008......