merger with Kansas City Southern until the board completes an Chicago region impact assessment.
U.S. Senators Dick Durbin and Tammy Duckworth and Representatives Raja Krishnamoorthi and Delia Ramirez said the board’s environmental review was insufficient because it was based on projected freight rail traffic growth provided by Canadian Pacific. Canadian Pacific and Kansas City Southern agreed to merge in 2021 in a $31-billion deal.Your Globe
If the US govt blocks the merger of CP rail with Kansas Rail,we should block US mergers with Canadian companies. We are abused by the US: wood tariffs, steel tariffs, car tariffs, now the U.S. infrastructure Bill that we will be blocked from JustinTrudeau PierrePoilievre