Special deliveries Feb 14, 2009
We met one wartime Christmas morning on a crowded westbound Canadian Pacific Railway train filled with grumpy soldiers en route for holiday leave but late because of train breakdowns. We spent about 100 minutes together. (Globe and Mail)
Standard & Poor's Announces Changes In S&P/TSX Canadian Indices Feb 12, 2009
- The relative weight of Canadian Pacific Railway Limited (TSX:CP) will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX 60, 60 Capped and Equity 60 and the S&P/TSX Capped Industrials indices after the close of trading on Thursday, February 12, 2009, to reflect the issuance of shares via a prospectus offering. . (FOXBusiness)
The Fairmont Empress, Victoria Mar 28, 2008
Building began in 1904, as the CPR (Canadian Pacific Railway) was given the land with the stipulation that they d build and maintain a hotel on the site for at least 50 years. The style was modeled after Le Chateau Frontenac in Quebec City, a chateau-styled beauty. (Suite101.com)
A hallowed end? Mar 28, 2008
"When Stanley Park was first created, the Canadian Pacific Railway surveyor L. A. Hamilton surveyed a road right around the edge of the park. People used to take their wagons out and there was this cedar tree that had just had this fire and was hollowed. People used to stand in front of it and pose, ever since Day 1 in 1888, and continue to do so," he said. "So even though it's just sort of a bit of a stump and it's wrecked and held up by metal bars, it's just one of those things about... (Globe and Mail -- National)
Finning appoints new CEO Mar 4, 2008
Before joining Finning, Mr. Waites was CEO of U.S. Network and chief financial officer of Canadian Pacific Railway and Chevron Canada Resources. Finning International. (Globe and Mail -- Business)
Finning names Mike Waites as new president Mar 4, 2008
Waites, 54, joined Finning as CFO in May 2006 after previous stints as CFO at Canadian Pacific Railway and Chevron Canada Resources. Font. (Vancouver Sun)
Hugh MacDiarmid: First we take Ontario … Mar 1, 2008
He has also done some time in Ottawa, as chairman of the non-partisan Public Policy Forum think tank and heading an advisory committee on smart regulations created by former prime minister Jean Chr. The situation at AECL is similar to the one he found when he joined CPR.. (Globe and Mail -- Business)
Flaherty's train catches his officials off guard Feb 29, 2008
The plan to revive passenger rail service along tracks owned by Canadian Pacific Railway Ltd. from Toronto's central Union Station to Peterborough - closed by Via Rail in 1990 - has been championed by Peterborough's Conservative MP, Dean Del Mastro, and was welcomed by local leaders. Related Articles. (Globe and Mail -- National)
Rail crews knock down crossing arm Feb 26, 2008
A Canadian Pacific Railway crossing arm collapsed over Franklin Street, causing the closure of the northbound traffic lane for about five hours Monday. No one was hurt when the structure tumbled over, witnesses and CP rail workers said. (Winona Daily News, MN)
REFILE-Troublesome locomotives among CP Rail "headwinds" Feb 22, 2008
VANCOUVER, British Columbia, Feb 21 (Reuters) - Troublesome new locomotives are among the problems that have made life difficult for Canadian Pacific Railway Ltd. (CP.TO: , , ) in the first quarter, executives said on Thursday. But the railway is still bullish on its performance for 2008, and in a better position than its rivals to weather a further downturn in the U.S economy, Chief Financial Officer Mike Lambert said. (Reuters)
CPR profit will be hurt by grain car change Feb 20, 2008
CALGARY A day after raising its dividend, Canadian Pacific Railway Ltd. reduced its 2008 profit outlook Wednesday because of a federal decision on regulated grain freight rates ... Canadian Pacific Railway. (Globe and Mail -- Business)
Canadian Pacific Railway Limited Declares a 10% dividend increase Feb 20, 2008
CALGARY, Feb. 19 /PRNewswire-FirstCall/ - The Board of Directors of Canadian Pacific Railway Limited (TSX/NYSE: CP) today declared an increase of 10 per cent in CP's next quarterly dividend to twenty-four and three quarter cents ($0 ... SOURCE Canadian Pacific Railway. (PR Newswire)
Turban tests and trials Feb 17, 2008
Canadian Pacific Railway also faced the issue with its truck drivers in 2005. COMING FROM BOTH SIDES. (Toronto Star)
Banff ski resorts: Where white is green Feb 16, 2008
Green hotels and town effortsSome of the first construction projects in the park were the two now-famous hotels, iconic buildings that first served the tourists arriving on the Canadian Pacific Railway. The most notable was the Banff Springs Hotel (today's Fairmont Banff Springs), which opened in 1888 and has been continuously upgraded and enlarged to the present day. (MSNBC -- Travel)
See Canadian Rockies by rail as you enhance knitting skills Feb 13, 2008
This is near Craigellachie, where the last spike of the Canadian Pacific Railway was driven. You'll have a hard time concentrating on your knitting then because the train will be climbing through the mountains, along gorgeous mountain passes and through many of the famous tunnels as you go over the Continental Divide and enter Banff National Park. (Anchorage Daily News)
Senate approves expedition of eminent domain Feb 13, 2008
DM&E, which was recently purchased by Canadian Pacific Railway, has said it already has negotiated deals to acquire land along the expansion route from some ranchers in southwestern South Dakota. But railroad officials said they need legal authority to use eminent domain to acquire land from those unwilling to sell. (Rapid City Journal, SD)
Senate committee approves railroad bill Feb 8, 2008
DMch was recently purchased by Canadian Pacific Railway, has said it already has negotiated deals to acquire land along the expansion route from some ranchers in southwestern South Dakota, but the railroad needs legal authority to use eminent domain to acquire land from those unwilling to sell. A 1999 state law, passed at Janklow's urging when he was governor, provides that a railroad can use eminent domain if it can show a project is a public use consistent with public necessity. (Sioux City Journal, IO)
BC unveils tri-cities transit 'business case' Feb 3, 2008
The corridor would be elevated on North Road to Burquitlam, then tunnelled to Port Moody where it would run at grade parallel to the Canadian Pacific Railway tracks to Coquitlam West Coast Express Station, then elevated on Pinetree and terminating near Douglas College. A less-favoured southeast-corridor route would extend 12. (Vancouver Sun)
L.B. Foster profit leaps on gain from minority stake DM&E sale Feb 2, 2008
9 million pretax from the sale of its minority stake in the DMr the Sioux Falls, S.D.-based company was acquired by Canadian Pacific Railway Ltd.. Revenue rose 3 percent to $114 million from $110. (Madison Daily Leader, SD)
Revelstoke rush Feb 2, 2008
Founded in the late 19th century when the Canadian Pacific Railway was hammered through the Rockies, Revelstoke is a quaint and quiet town of Victorian homes with a population of less than 10,000. But by late December, 1,400 season passes had already been sold, drawing buyers from B.C., Alberta and as far away as Hawaii, Sweden and Australia. (Globe and Mail)
Mayo Clinic claims 'disconnect' between CPR, unit Feb 1, 2008
The renowned Mayo Clinic is accusing Canadian Pacific Railway Ltd.'s U.S. unit of pressing ahead with a $6-billion project to install new tracks to haul Wyoming coal, even though no regulatory approval has been granted for any expansion. CPR has stated that it's taking a wait-and-see approach, but the manoeuvring of its Dakota Minnesota & Eastern Railroad Corp. (DM&E) unit behind the scenes tells a story of political lobbying to clear the way for land expropriation, according to the Mayo Clinic... (Globe and Mail)
L.B. Foster gains on DM&E sale Feb 1, 2008
The company attributed the large increase in part to the sale of its minority stake in the Dakota, Minnesota & Eastern Railroad Co. That company was acquired by Canadian Pacific Railway in September. The Green Tree-based rail products provider (NASDAQ:FSTR) finished the year with earnings of $110. (Pittsburgh Business Times, PA)
Winter storm rips through Metro Vancouver Jan 31, 2008
Public transport, including the WestCoast Express, which only offered partial service to and from downtown Tuesday after Canadian Pacific Railway cleaned up grain and cars from an early morning derailment, is expected to run normally today. "A lot depends on what kind of weather we get," TransLink spokesman Drew Snider said. (Vancouver Sun)
CP Railway Says Fourth-Quarter Profit More Than Doubled to $342 Million Jan 30, 2008
Jan. 29 (Bloomberg) -- Canadian Pacific Railway Ltd., the country's second-largest railroad, said fourth-quarter profit more than doubled on lower income-tax rates. Net income rose to C$342 million ($342 million), or C$2. (Bloomberg -- Canada)
1st Kuwaiti woman MP sworn in Jan 30, 2008
Despite flat revenues, Canadian Pacific Railway Ltd. reported a big jump in its fourth-quarter net income thanks to reduced future corporate income taxes. Manufacturers are coming off a boom but heading for a bust, three reports released Tuesday suggest. (Yahoo News -- Kuwait)
BC ranks high in home (un)affordability survey Jan 30, 2008
B.C. ranks high in home (un)affordability survey. B.C. ranks high in home (un)affordability survey. (CBC British Columbia)
Canadian Pacific grows EPS in 2007 Jan 29, 2008
CANADIAN PACIFIC RAILWAY ... CALGARY, Jan. 29 /CNW/ - Canadian Pacific Railway Limited (TSX/NYSE: CP) announced its fourth-quarter and full year results for 2007 today ... CANADIAN PACIFIC RAILWAY - More on this organization. (Canada Newswire)
CPR delivers double the profit Jan 29, 2008
Fourth-quarter profit at Canadian Pacific Railway Ltd. more than doubled from a year earlier to $342-million from $146-million, mostly because of lower future income tax rates, the Calgary company said Tuesday ... Fourth-quarter profit at Canadian Pacific Railway Ltd. more than doubled from a year earlier to $342-million from $146-million, the Calgary-based company said Tuesday ... Canadian Pacific Railway. (Globe and Mail -- Business)
CAW union, CP Rail seal tentative 3-year contract Jan 28, 2008
TORONTO, Jan 27 (Reuters) - The Canadian Autoworkers Union reached a tentative three-year contract with Canadian Pacific Railway Ltd (CP.TO: , , ) on Sunday, lifting the threat of a strike that could have started as early as this week. The union, which represents 2,500 rail workers in 22 Canadian locations, said in a statement its bargaining committee was recommending that workers accept the agreement, which was reached after four months of negotiations. (Reuters)
The day the women walked Jan 23, 2008
They finally settled on Hardisty, a Canadian Pacific Railway town about 200 kilometres southeast of Edmonton with a population, according to the entry sign, of 743. A more recent Statistics Canada census pegs the number of residents at 760, a figure that town officials hope will further balloon as a result of the publicity blitz generated by the 10-part series. (Globe and Mail -- National)
Court weighs railroad position Jan 18, 2008
Some Minot residents whose lawsuits against Canadian Pacific Railway were thrown out of federal court are seeking to have their cases returned to Minnesota state court ... A Canadian Pacific Railway train derailed on the west edge of Minot on Jan. 18, 2002, sending a cloud of toxic anhydrous ammonia farm fertilizer over the city. (Bismarck Tribune, ND)
Appeals court to hear arguments in derailment case Jan 17, 2008
In light of the change, some Minot residents whose lawsuits against Canadian Pacific Railway were thrown out of federal court are seeking to have their cases returned to state court in Minnesota ... A Canadian Pacific Railway train left the tracks on the west edge of Minot on Jan. 18, 2002, sending a cloud of toxic anhydrous ammonia over the city. (Bismarck Tribune, ND)
Duryea’s top cop resigns, takes county job Jan 16, 2008
Walsh, like Savokinas, had planned to work in the sheriff s office while keeping his job with Canadian Pacific Railway Police Services in Taylor. Savokinas dropped his night job with Canadian Pacific to work full-time in the sheriff s office. (The Citizen's Voice, PA)
Derailment checks still not in the mail Jan 12, 2008
Attorneys had speculated that checks from Canadian Pacific Railway might be sent out by Thanksgiving, then later amended the guess to Christmas and then to sometime after New Year's. Now, "Unfortunately, my best guess is that it will likely be another couple of months before all this can be finalized and checks issued," Mike Miller, one of the plaintiffs' attorneys, said this week. (Bismarck Tribune, ND)
County sheriff says he’s dropped night job Jan 12, 2008
During the campaign, he pledged to be a full-time sheriff, which implied he would no longer work for Canadian Pacific Railway. Savokinas said he had always planned to make a decision regarding his railway position, but wanted to make sure a replacement would be properly trained. (The Citizen's Voice, PA)
George MacDonald Fraser Jan 4, 2008
After they married they emigrated to Canada, where Fraser briefly sold encyclopaedias and lasted three hours working for the Canadian Pacific Railway before the pair got jobs on the Regina Leader-Post in Saskatchewan. The couple returned home after a year and Fraser became a sub-editor for the Glasgow Herald in 1953. (Telegraph.co.uk)
It was in the paper Jan 1, 2008
5 The Canadian Pacific Railway Ltd. announced it would be purchasing the Dakota, Minnesota and Eastern (DM Iowa, Chicago and Eastern (IClroads. (The IC line goes through Wells, Alden, Albert Lea, Hayward and Austin. (Albert Lea Tribune, MN)
Cause of train derailment under investigation Dec 29, 2007
The derailment occurred around 6 a.m. at the York Avenue crossing, which connects Avoca to Duryea. The cars were not back on the track until 2 p.m., so traffic was tied up for hours, according to railroad officials. (The Citizen's Voice, PA)
OSCAR PETERSON: 1925-2007 Dec 26, 2007
" Basie said, "Oscar Peterson plays the best ivory box I've ever heard. " The pianist and conductor Andre Previn called Peterson "the best" among jazz pianists. But many critics found Peterson more derivative than original, especially early in his career. Some even suggested that his fantastic technique lacked coherence and was almost too much for some listeners to compute. The jazz critic Gene Lees defended Peterson as "a summational artist. (San Francisco Chronicle)
CP rail reports coal-car derailment Dec 26, 2007
LOADING Dec 26, 2007 - 04:05:17 CST ANAMOOSE (AP) - The Canadian Pacific Railway says 39 coal cars on a 118-car train derailed near Anamoose, southeast of Minot. The railroad says no one was hurt. (Bismarck Tribune, ND)
Enerplus announces cash distribution for January 2008 and Director appointment Dec 18, 2007
He has held a variety of senior financial positions throughout his career including the position of Chief Financial Officer at Pengrowth Energy Trust from 2002 to 2004, Vice President and Treasurer at Canadian Pacific Railway from 1998 - 2001 and various financial positions at TransCanada Pipelines from 1981 to 1998 which culminated in the position of Chief Financial Officer. Mr. Hodgins currently holds director positions with a number of oil and gas entities. (Canada Newswire)
Will 2008 be the year of the profit warning? Dec 17, 2007
After a wave of profit-guidance reductions, including those by such Canadian market luminaries as CIBC, Canadian Pacific Railway Co. and Loblaw Cos ... CANADIAN PACIFIC RAILWAY CO.. (Globe and Mail -- Business)
Worst Tornado in Canadas History Dec 15, 2007
On the railway property, grain elevators were airborne and the Canadian Pacific Railway roundhouse was flattened. Railway tracks were mangled. (Suite101.com)
Weather, fuel hit CP Railway earnings Dec 13, 2007
CALGARY Canadian Pacific Railway Ltd. (TSX: ) is warning that its earnings for 2007 "may be at the bottom of, or even below" its previously forecast range of $4. 30 to $4. (Toronto Star)
CP Rail Says Earnings May Trail Forecast on Bad Weather, Rising Fuel Costs Dec 13, 2007
Dec. 12 (Bloomberg) -- Canadian Pacific Railway Ltd., the country's second-largest railroad, said 2007 earnings may fall short of its forecast because of poor weather and higher fuel costs, while affirming its expectations for 2008. Adjusted per-share profit for 2007 ``may be at the bottom of, or even below'' the range of C$4. (Bloomberg -- Canada)
Canadian Pacific reviews 2007 earnings outlook Dec 12, 2007
CANADIAN PACIFIC RAILWAY ... CANADIAN PACIFIC RAILWAY - More on this organization. (Canada Newswire)
Area man killed Sunday morning after collision with train Dec 11, 2007
While travelling on the range road, the truck collided with a westbound Canadian Pacific Railway train at an uncontrolled crossing. The report stated the driver, who was the only person in the truck, was ejected from the vehicle. (Moose Jaw Times-Herald)
Fording auction may put Westshore in play Dec 8, 2007
Westshore, which sees its fees rise in step with coal prices, has also been cast as a potential target for Canadian Pacific Railway. Westshore s major shareholder is Jimmy Pattison and the billionaire is viewed as a willing seller, or even a catalyst to a deal. (Globe and Mail)
Holiday Train returns to area Sunday, Monday Dec 7, 2007
The Canadian Pacific Railway s Holiday Train is about to return to La Crosse, Tomah and Mauston, Wis. and to Winona, Minn. (La Crosse Tribune, WI)
Holiday Train returns Monday Dec 7, 2007
The Canadian Pacific Railway s Holiday Train is on its way to Winona, generating donations of food and money for food pantries. The brightly decorated train full of Canadian musicians will stop in Winona from 5 to 6 p.m. Monday. (Winona Daily News, MN)
Snowblower is hit by train Dec 6, 2007
A train traveling into Watertown Tuesday struck a snowblower that was being operated by a local man near the Canadian Pacific Railway tracks on Milford Street. According to Assistant Fire Chief Mike Quint, the Watertown Fire Department received a call shortly before 6 p.m. on Tuesday that a pedestrian might have been hit by a train at the tracks on Milford Street. (Watertown Daily Times, WI)
County sheriff-elect awarded $125,000 in wrongful termination suit Dec 4, 2007
In addition to working as a part-time cop in local municipalities, Savokinas has been a full-time officer for the Canadian Pacific Railway since 1997. Savokinas, a Democrat, defeated two-term incumbent Republican Sheriff Barry Stankus in November s election. (Wilkes Barre Citizen's Voice, PA)
Holiday Train Comes to North Country Dec 3, 2007
The event is sponsored by Canadian Pacific Railway. Click here for recent web links from The Channel 3 News. (WCAX.com, VT)
Holiday freight train tour kicks off on a frigid night Dec 2, 2007
Canadian Pacific employees annually turn dour looking locomotives and box cars into festive tableaus of blinking lights and take them on a tour through seven states and six Canadian provinces, spreading holiday spirit and collecting food for the hungry. Tracy and Mark Nealon, of Clarks Green, brought their three children Leah, Drew and Allie to make a donation, take pictures and enjoy the scene. (Scranton Times, PA)
Rail baron's retreat gets put back on track Nov 21, 2007
SAINT ANDREWS, N.B. After Sir William Van Horne drove the last spike to complete the Canadian Pacific Railway in November of 1885, he must have worried that after overseeing the completion of one of the greatest engineering feats of the 19th century his life might get boring. So, in 1892 he took on the eccentric project of building an East Coast summer home, which involved something akin to the daily parting of the Red Sea. (Globe and Mail)
Railroad officials to meet with area leaders Nov 20, 2007
Officials with the Canadian Pacific Railway are expected to meet with Rochester leaders next week for the first time since the railroad announced it s buying the Dakota, Minnesota rn Railroad, local officials said. They said the private meeting will likely be Nov. 27 in Canada. (Austin Daily Herald, MN)
UPDATE 3-CP Rail, union in talks after labor deal fails Nov 20, 2007
CALGARY, Alberta, Nov 19 (Reuters) - Canadian Pacific Railway (CP.TO: , , ) and the union representing its 4,500 locomotive engineers and conductors have entered a no-strike and no-lockout agreement while they restart talks to salvage a labor deal, both sides said on Monday. CP Rail and the Teamsters Canada Rail Conference said they forged the agreement after union members narrowly rejected an earlier contract proposal. (Reuters UK)
Entertainment guide Nov 19, 2007
HOLIDAY TRAIN SHOW: Canadian Pacific Railway U.S. Train Show, Dec. 1, 5:30 to 6 p.m., Steamtown National Historic Site, South Washington Avenue Donations of money and/or nonperishable food benefits Scranton United Neighborhood Center. 40TH ANNUAL NOEL NIGHT: University of Scranton Singers, Chamber Choir, Small Ensembles and Aaron Diehl, Dec. 1, prelude at 7:10 p.m., concert at 8 p.m., Houlihan-McLean Center, free. (Scranton Times, PA)
Perimeter shakes Canadian ABCP sector Nov 15, 2007
Several public companies, including Canadian Pacific Railway and Sherritt International, a mining group, have written down the value of their ABCP holdings in recent weeks by 10-15 per cent.. The Financial Times Limited 2007. (FT.com -- Markets)
CPR v. the NIMBYs at Mayo Clinic Nov 6, 2007
When Canadian Pacific Railway Ltd. went cross-border shopping and spent $1 ... Canadian Pacific Railway. (Globe and Mail -- Business)
CP takes 14.5% hit on ABCP holdings Oct 31, 2007
Canadian Pacific Railway Ltd. became the first major Canadian company to write off a substantial portion of its investment in the troubled asset-backed commercial-paper market yesterday, saying that uncertainty in the market could affect future earnings ... CANADIAN PACIFIC RAILWAY LTD.. (National Post)
CPR sees profit at ‘lower end' of forecast Oct 30, 2007
Canadian Pacific Railway said Tuesday it sees earnings rising between 9 per cent and 13 per cent next year, at the lower end of its earnings guidance range ... Canadian Pacific Railway. (Globe and Mail -- Business)
CPR reports sharply higher profit Oct 30, 2007
CALGARY Canadian Pacific Railway Ltd. reported a sharp increase in third quarter profit compared with a year ago, as it benefited from the strong Canadian dollar on its long-term debt. However, the company warned its earnings for the full-year could be at the low end of its guidance because of the strong loonie and high fuel prices. (Globe and Mail -- Business)
Three tempting underfollowed small-cap ideas Oct 25, 2007
The company has an impressive list of clients, including Alcan, Canadian Pacific Railway and Canaccord, with which it has a partnership that allows it to tap into the dealer's client base for potential customers. The shares have done well over time, but they're down a third from the $3. (Globe and Mail -- Business)
DM&E trains move faster through Pierre Oct 17, 2007
Canadian Pacific Railway has completed its acquisition of DM&E but the deal is under review by the U.S. Surface Transportation Board. That process could take more than six months, officials have said. (Rapid City Journal, SD)
