Expects business activity to hit a low point in Q2, before gradually recovering in the second half of the year.
Carloads fell more than 17% year-over-year as industrial supply chains remain shut down and retail severely curtailed.
Scheer says Teck scuttling of oil sands project the result of Trudeau’s doing nothing to end the disruptions for almost three weeks.
Conservative claim that the minister of public safety has the ultimate authority over Canada’s national police force is declared a lot of baloney.
Possible sale of the plane-and-train maker’s Quebec-based business jet unit or its Berlin-based rail subsidiary.
Company used a provincial program that relaxed quota constraints on production if it was shipped out on new rail capacity.
Shipments to 100,000 barrels per day by the end of last month, which energy company says bodes well for its oil sands expansion plans.
Its railway operations are a steadier generator of cash flows, but the sale of aviation could face political opposition because it is a major Canadian employer
Government will gradually increasing the amount that can be produced.
Union said normal operations at CN will resume Wednesday at 6 a.m. local time across Canada.
Freight volumes below expectations, manufacturing has also fallen off.
Well below the record high of 354,000 bpd set last December.
Announcement comes as the Montreal-based company reports a $36-million net loss.
Local Unifor president fears more job losses beyond the initial layoffs as the contracts wind down.
Would result in Alberta producers getting better prices for higher volumes of oil.