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.
Bombardier Inc., the world’s biggest maker of business jets by revenue, said first-quarter profit fell 16 percent as the company delivered fewer of its large- cabin Global 5000 and 6000 aircraft.
Susan Luxton was looking forward to her family’s annual viewing of “It’s a Wonderful Life” and planning Christmas dinner for 14 when the power went out four nights ago in Toronto’s tree-lined High Park neighborhood.
Bombardier Inc., the world’s third- biggest maker of commercial jets, said fourth-quarter profit fell 27 percent as deliveries of regional aircraft slid.
Canadian National Railway Co., the country’s biggest railroad, said third-quarter profit rose less than 1 percent as revenue from grain, petroleum and chemical carloads increased.
Bombardier Inc. jumped the most since November 2008 in Toronto trading after quarterly profit beat analysts’ estimates as the company won business-jet orders and pared inventory.
"We sense that expectations were for a better start for 2014 and this was reflected in the strong share price performance in recent weeks."
- Fadi Chamoun on May 01, 2014