Karl Moore News
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Porter Airlines Inc.’s bid to more than double the reach of its network hinges on winning over governments in Toronto and Ottawa amid potentially fierce opposition from local residents in its hometown.
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William Ackman’s triumph at Canadian Pacific Railway Ltd. may echo across boardrooms far from the railroad’s Calgary headquarters.
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Air Canada pilots who voted to authorize a strike said they prefer continuing talks after walkouts by unions at the country’s biggest airline prompted government intervention twice in the past year.
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Air Canada’s customers are becoming collateral damage in a labor standoff between the country’s largest carrier and its biggest unions.
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Lowe’s Cos Inc.’s withdrawal of a bid for Rona Inc. amid opposition from the Quebec government threatens future foreign investment as the Canadian province seeks funds to develop its northern natural resources.
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Aveos Fleet Performance Inc., the sole aircraft- and engine-maintenance provider for Air Canada, put about 2,600 employees out of work as it filed for insolvency protection and shut plants nationwide.
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Canadian fund manager David Baskin says Porter Airlines is a great carrier. He’s not sure it will be a great stock to own following its initial public offering.
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The ouster of Robert Dutton as chief executive officer of Rona Inc., Canada’s largest home improvement retailer, increases the chances talks with former suitor Lowe’s Cos will resume.
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Air Canada flight attendants were barred from striking tonight after the government sent their contract dispute with the nation’s biggest carrier to a federal labor tribunal.
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