Canadian Pacific Archives

July 13, 2015
Class I

CP, City of Vancouver discuss operating plan for Arbutus corridor

Canadian Pacific (CP) met with officials from the City of Vancouver on July 10, 2015 to discuss CP’s operating plan for the Arbutus corridor rail line.

July 06, 2015
Class I

Tobias steps down from CP board

Stephen C. Tobias resigned from the Board of Directors of Canadian Pacific Railway Limited and Canadian Pacific Railway Company for personal reasons on June 30, 2015, the company announced.

June 24, 2015
Class I

CP reacts to Raitt rhetoric during investigation

Canadian Pacific (CP) says it is “profoundly disappointed” with Canadian Minister of Transport Lisa Raitt’s public comments regarding an ongoing investigation into an alleged breach in safety rules. “Such comments undermine the reputations of hardworking employees who take pride in their commitment to the safe movement of goods through communities across North America,” the railroad said.

May 04, 2015
Class I

CP names new Executive VP and CFO

Canadian Pacific has appointed Mark Erceg as Executive Vice President and Chief Financial Officer, effective May 18, 2015. He will replace outgoing CFO Bart Demosky, who will be departing from the company on May 31.

April 21, 2015
Class I

CP reports record operating ratio, earnings

Building upon the momentum established when E. Hunter Harrison, Railway Age’s2015 Railroader of the Year, was appointed CEO, Canadian Pacific Railway posted the lowest first-quarter operating ratio in the company’s history and the highest-ever net income for the period.

March 20, 2015
Class I

Via Rail pondering alternative Ontario routing for suspended Canadian

After months of late arrivals due to track congestion on CN’s northern Ontario main line, compounded by slow orders arising from CN’s efforts to recover from two tar sands oil train explosions, Via Rail is examining an alternative routing for the Canadian,the continent’s last classic streamliner, originally Canadian Pacific’s premier luxury passenger train.

February 17, 2015
Class I

CP endures short strike; arbitration set

Roughly 3,000 union train and operations employees returned to work on Monday, Feb. 16, 2015 following a 36-hour strike against Canadian Pacific Railway, after CP agreed to binding arbitration, thus pre-empting any back-to-work order from the Canadian federal government.

February 17, 2015
Class I

Oil train mishaps reveal tank car strengths and limitations

Two same-day derailments of crude oil trains in Canada and a third in West Virginia two days later illustrate the strengths and limitations of the newest general-purpose tank cars plying North American rails.

February 11, 2015
Class I

CP CFO Bart Demosky to step down in May

Canadian Pacific Executive Vice President and Chief Financial Officer Bart W. Demosky has decided to leave the company effective May 31, 2015, after a little more than one year in the position.

February 11, 2015
Class I

Canadian Pacific braces for TCRC strike

The Teamsters Canada Rail Conference-Running Trades (TCRC-RT), the union representing more than 3,000 active Canadian Pacific locomotive engineers and conductors at CP, has provided official notice of its intent to strike the railroad in the event there is not a negotiated settlement on contract talks that have been ongoing for more than one year.