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(File photo by Dave Bedard)
Crops, Weather

CP to reopen rail corridor to Vancouver Tuesday

B.C. storm led to damage in 30 separate spots, railway says

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Canadian Pacific Railway (CP) plans to have its rainstorm-battered mainline between Kamloops and Vancouver reopened to grain and other traffic around midday Tuesday. The company said Monday that out of 30 storm-damaged spots across its Thompson and Cascade subdivisions in southern British Columbia, 20 had seen “significant loss of infrastructure” in need of repair. CP
Parts of the Trans Canada Highway at Abbotsford, B.C. remain submerged in flood waters on Nov. 19, 2021. (Photo: Reuters/Jennifer Gauthier)
Weather

Repair work on B.C. rail lines expected for days yet

CP expects to resume service 'mid-week;' some highways open only for essential travel

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Canada’s big two railways expect repair work to continue into at least next week before service can resume through storm-battered areas of British Columbia to export terminals at Vancouver. Both railways, along with several major B.C. highways, have been shut this week due to damage from flooding and landslides spurred by a major multi-day storm
Cows that were stranded in a flooded barn at Abbotsford, B.C. are rescued on Nov. 16, 2021 by people in boats and on a jet-ski after rainstorms lashed the province, triggering landslides and floods and shutting highways. (Photo: Jennifer Gauthier/Reuters)
Other, Weather

B.C. calls emergency, expects more deaths from 500-year flood

Some livestock die, more are expected to be euthanized

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Abbotsford | Reuters — The death toll in Canada from massive floods and landslides that devastated parts of British Columbia is set to rise, with the province declaring a state of emergency on Wednesday. Authorities have so far confirmed one death after torrential rains and mudslides destroyed roads and left several mountain towns isolated. At
An aerial view shows a damaged road as a flood sweeps through, near Lytton, B.C. on Nov. 15, 2021. (Handout photo from B.C. Ministry of Transportation and Infrastructure via Reuters)
Crops, Other, Weather

B.C. rains shut CN, CP mainlines and Highways 1, 7

Repairs already underway, CN says

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The effects of rainstorms pelting southern British Columbia’s Interior have reached into the Prairies by effectively cutting off grain traffic to Vancouver. Canadian National Railway said Tuesday that heavy rainfalls in the region have led to mudslides and washouts on its network. Crews are inspecting affected areas and “carrying out repairs which are critical to
File photo of a CN locomotive in Winnipeg. (Dave Bedard photo)
Crops

CN CEO to retire as investor pressure weighs

Shareholder TCI has replacement in mind

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Reuters — Canadian National Railway (CN) said on Tuesday its CEO Jean-Jacques Ruest will retire at the end of January, following investor demands for his exit after the railroad operator’s failed bid for Kansas City Southern. TCI Fund Management, which owns five per cent of Canadian National, in August pitched former Jim Vena — a
An eastward-facing view from the north edge of the crossing at Mile 98.14 of CN’s Ashcroft subdivision, where BCWS suspected the Lytton fire began. (TSB photo)
Crops, Weather

No evidence trains sparked Lytton fire, TSB says

Transportation Safety Board now stepping out of ongoing fire probe

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There’s no proof the fire that largely destroyed a British Columbia village, damaged a key rail bridge and led to cuts in rail speed limits in high-risk areas was sparked by train traffic, the federal Transportation Safety Board says. The TSB on Thursday said its investigation, launched in early July, “has not revealed any evidence
(CPR.ca)
Crops

CP, Kansas City lock in new deal as CN steps out

More efficient flow of grain, perishables, machinery parts touted

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Canadian Pacific Railway and U.S. railway Kansas City Southern on Wednesday again formalized their engagement after competing suitor Canadian National Railway walked away from the table. CP and KCS, which reported “unanimous” support from both companies’ boards, have entered a merger agreement committing CP to pay about $31 billion in cash and stock, or about
(File photo by Dave Bedard)
Crops

Kansas City Southern plans to accept CP’s bid

Deal would create new lanes for Prairie freight, CP says

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Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to sell itself to Canadian National Railway. CN now has until the end of Friday to submit a better offer or lose its deal with KCS.
A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

U.S. regulator rejects CN’s voting trust to buy Kansas City Southern

CP rips CN's play as 'illusory and not achievable'

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Reuters — The U.S. rail regulator on Tuesday rejected a voting trust structure that would have allowed Canadian National Railway (CN) to proceed with its US$29 billion proposed acquisition of U.S. peer Kansas City Southern. The decision was a blow to the deal that would create the first direct railway linking Canada, the U.S. and
A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops

U.S. railway’s board sticks with CN’s bid

Kansas City Southern board spurns sweetened CP bid

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The board of directors for a U.S. railway facing takeover bids from each of Canada’s big two railways is sticking with Canadian National Railway’s (CN) proposal. The board for Kansas City Southern (KCS), in a release Aug. 12, said it unanimously agrees an upgraded Aug. 10 cash-and-stock bid from Canadian Pacific Railway (CP) “does not

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