CP Archives - Page 16 of 22 - Manitoba Co-operator

Farm groups rail against revenue cap proposal

By Dave Sims, GFM Network News March 5, 2016

CNS Canada –– A key proposal in the recently released Canada Transportation Act review on Canada’s transport systems is getting thumbs down from several Prairie farm groups. The Agricultural Producers Association of Saskatchewan (APAS) disagrees with the report’s recommendation for a seven-year phase-out of the maximum revenue entitlement (MRE), an annual upper limit on the

Crops

CP mulls litigation over opposition to Norfolk Southern deal

By Allison Lampert, GFM Network News March 2, 2016

Reuters — Canadian Pacific Railway (CP) said Wednesday it is looking at all legal options in response to what it described as concerted efforts by certain U.S. railroads to block its proposed merger with Norfolk Southern. “It is unfortunate that CP must consider the use of litigation to ensure a level playing field and protect

Crops

Paterson to build new central Alta. elevator

By GFM Network News, Manitoba Co-operator Staff February 29, 2016

Winnipeg’s Paterson Grain has lined up property off the QE2 Highway in central Alberta for its next inland grain terminal. The company announced Monday it would start construction “immediately” at a site near Bowden, Alta., about 40 km south of Red Deer, to start taking grain in 2017. The facility, when complete, will have storage

Crops

Transport review urges scrapping railway grain revenue cap

By GFM Network News, Rod Nickel February 25, 2016

Winnipeg | Reuters — Ottawa should phase out over seven years its cap on the amount of revenue railways can earn transporting grain, a study for the Canadian government recommended Thursday, a move long urged by railways and opposed by farmers and grain handlers. A review of Canadian transportation laws, aimed at modernizing the system,

Crops

CP cuts raise worry over potential slowdown

By Dave Sims, GFM Network News January 28, 2016

CNS Canada –– Canadian Pacific Railway’s decision to cut 1,000 jobs has caught the attention of two Prairie farm leaders. Norm Hall, president of Agricultural Producers Association of Saskatchewan, worries the move is short-sighted and may catch up with the railway in months and years to come, when commodity prices catch fire again. “You dump

Crops

CN’s 2015 grain handle down, grain revenue up

By GFM Network News, Manitoba Co-operator Staff January 26, 2016

Canadian National Railway’s (CN) fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for

Crops

CP books more Prairie grain revenue at year-end

By GFM Network News, Manitoba Co-operator Staff January 21, 2016

Higher grain revenue on Canada’s Prairies helped lead to record full-year revenues and offset a lower fourth-quarter gross for Canadian Pacific Railway (CP), as the company warned of substantial job cuts ahead. The railway on Thursday reported overall net income of $1.352 billion on record revenue of $6.712 billion for 2015, down from $1.476 billion

Crops

Supreme Court tosses CP challenge on interswitching

By GFM Network News, Manitoba Co-operator Staff January 18, 2016

Canadian Pacific Railway’s (CP) bid to halt new federal rules which allow more Prairie elevators to move loaded grain cars on more than one railway has stopped at Canada’s highest court. The Supreme Court of Canada on Friday dismissed CP’s appeal of an October ruling at the Federal Court of Appeal — a ruling which

Crops, News

Railways exceeded their regulatory revenue cap moving record volumes

The Canadian Transportation Agency says the railways were allowed to earn $1.46 billion shipping grain in 2014-15, but exceeded their maximum revenue entitlement by $9 million or about 22 cents a tonne

By Allan Dawson January 8, 2016

The nation’s two main railways moved a record volume of western Canadian grain in the 2014-15 crop year but they collected more from grain shippers than regulations allow. Canadian National Railway Company (CN) and Canadian Pacific Railway Company (CP) together shipped 41.3 million tonnes of western grain to export position and were supposed to do

Crops

CN, CP both over revenue limits for 2014-15 grain haul

By GFM Network News, Manitoba Co-operator Staff December 29, 2015

Canada’s big two railways will both be required to hand over seven figures in Prairie grain revenue from the 2014-15 crop year after taking in more than their federally-allowed maximums. The Canadian Transportation Agency on Tuesday ruled Canadian National Railway and Canadian Pacific Railway (CN, CP) exceeded their grain revenue entitlements for the crop year

Daily Network News

U.S. livestock: CME cattle futures rise on expectations of tight supplies

U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years

ICE Canada Weekly: Canola unlikely to have a good start to 2026

Tag Archives CP

Farm groups rail against revenue cap proposal

CP mulls litigation over opposition to Norfolk Southern deal

Paterson to build new central Alta. elevator

Transport review urges scrapping railway grain revenue cap

CP cuts raise worry over potential slowdown

CN’s 2015 grain handle down, grain revenue up

CP books more Prairie grain revenue at year-end

Supreme Court tosses CP challenge on interswitching

Railways exceeded their regulatory revenue cap moving record volumes

CN, CP both over revenue limits for 2014-15 grain haul

AgCanadaTV

AgCanadaTV: Your Agriculture News Recap for Dec.19, 2025

Cyber-Savvy Farmer

Latest Market News