The $430-million settlement fund in the Lac-M�gantic train disaster is illegal because the Quebec judge who approved it did not have the authority to do so, Canadian Pacific Railway said in its official leave for appeal Monday. Documents state the ...
Canadian National Railway Company (TSX:CNR)(NYSE:CNI) and Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) are the two largest railway companies in Canada, with expansive networks reaching coast to coast and into key U.S.
Back in October Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) could do no wrong. The company had become far more efficient under the leadership of Hunter Harrison, and was benefiting from the growth of crude by rail.
Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) is reporting its second-quarter earnings results on Tuesday, right after Canadian National Railway Company's report, which should shed some light on Canadian Pacific's report.