Reuters — Weak conditions in the potash market will not improve any time soon, PotashCorp’s CEO said Tuesday as the fertilizer company announced it would suspend operations “indefinitely” at its New Brunswick mine. Potash Corp said it was putting its new Picadilly mine near Sussex, about 75 km northeast of St. John, in “care and
PotashCorp shutting New Brunswick potash mine
CN Rail CEO says legislation could derail service
Looming legislation aimed at improving rail service for shippers in Canada could backfire and end up making the country’s sprawling rail networks less efficient, the chief executive of Canada’s biggest railroad warned Nov. 7. Canada’s Conservative government plans to introduce legislation this fall giving all shippers more clout in ensuring consistent rail service, and improve
Floods add to Canadian Pacific’s weather woes
Canadian Pacific Railway has shut a key cross-border track for up to 10 days because of flooding in Saskatchewan and North Dakota, dashing its hopes of putting a recent deluge of bad weather behind it. The company said Thursday the rapidly rising Souris River forced the shutdown on Monday night of a line running between
Renewable Fuels Association Wants 10 Per Cent Biofuel
Canada’s renewable fuels industry is pressing the federal government to double the percentage of renewable fuels it will require in gasoline and diesel, the head of the industry association said Nov. 29. The Canadian Renewable Fuels Association wants Ottawa to raise the ethanol-in-gasoline mandate from five per cent to 10 per cent and the still-to-be-implemented
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