Bill Ackman, the largest investor in Canadian Pacific Railway Ltd., is following Warren Buffett in profiting from growing oil and gas production in North America’s Bakken shale.
WestJet Airlines Ltd.’s first foray into Europe positions the Calgary-based low-fare carrier to compete head-on with Air Canada in the trans-Atlantic market by the end of the decade.
Canadian Pacific Railway Ltd. restarted its freight network in Canada today after Parliament passed a bill ending a weeklong Teamsters strike that snarled industry supply chains and seaport traffic.
William Ackman’s plan to wage a proxy fight to install a new chief executive officer at Canadian Pacific Railway Ltd. pivots on the legacy of the CEO who once led the carrier’s larger rival.
"This order will be well received."
- Fadi Chamoun on Sep 26, 2014