Rail chiefs upbeat on Trump effect despite lumber quota fears
CN and CP executives voiced optimism about a Trump presidency boosting North American trade and infrastructure, with CP's Keith Creel predicting gains from a US$1 trillion program and lower corporate taxes. CN's Ghislain Houle cautioned quotas on softwood lumber could hurt revenue from forestry shipments to the U.S. and Canada.
MENTIONED IN THIS ARTICLE
Canadas
Donald Trump
CP Rail
Keith Creel
Doal
Mexico
Canada
Trump
U.S
United States
Creel
Credit Suisse Industrials
Palm Beach
FBR
Ghislain Houle
CN Raw
Trudeau unveils pipeline approvals amid Canada climate push
Prime Minister Justin Trudeau announced two major oil pipeline expansions as part of a Liberal plan to curb greenhouse gas emissions. Critics call it a betrayal while the government touts measures including methane cuts, coal phase-out, and a low carbon fuel standard aimed at meeting Canada’s 2030 target.
MENTIONED IN THIS ARTICLE
Canada
Trudeau
Royal Bank Q4 profit slips amid mixed results
Royal Bank of Canada posts a 2 percent drop in Q4 net income to 2.54 billion with 1.65 per diluted share. Revenue for the quarter rises to 9.27 billion. after adjustments cash earnings are 1.69 per share vs 1.71 expected. Analysts caution on margin paths as peers prepare to report.
MENTIONED IN THIS ARTICLE
Thomson Reuters
ABC
Edward Jaones
Jim Shanahan
Scotiabank
CIBC
TD Bank
Canada’s Economy Posts 3.5 Percent Q3 Growth
Statistics Canada reports Canada’s GDP rose 3.5 percent annualized in the third quarter, led by energy exports and stronger household spending. After a Q2 slump due to Alberta wildfires and oilsands maintenance, growth beat expectations with 0.3 percent in September and a stronger outlook, though residential and business investment remained soft.
MENTIONED IN THIS ARTICLE
Statistics Canada
Alberta
Thomson Reuters
Bank of Canada
DePratte
Hre
Canadian TV rules take effect as watchdogs monitor prices
Regulators and consumer groups watch Thursday rollout of basic cable rules in Canada. Providers must offer skinny packages at 25 dollars max and give optional add ons or small bundles. Some firms mix with Internet services or deter discounts, prompting criticism of hidden fees and limited selection.
MENTIONED IN THIS ARTICLE
Telcos
OpenMedia
Meghan Sai
CRTC
Hutton
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Canadian National
Canadian Pacific Railways
Jonathan Hayward
Kinder Morgen Trans Mountain
Bireby
Lat Fundy
Ottawa
Pome Minster Justin
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Catherine McKenna
Climate Plan
Bers
Environment Canada
Secial Provincial
the Canadian Press
Ronto
Royal Bank
Bank of Montreal
Shanahan
OTTAW
Desjardins
Jimmy Jean
Jean
Statistique Canada
BMO
Doug Porter
Ben
DePratto
Aanon
Freddie
Ron
The
Consumer
Canadian Radio-television and Telecommunications
Commission
Scott Hutton
Sali
Regulator
Taylan Moore
Kingsway Avenue
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