Canadian Pacific Railway trains sit at the main CP Rail train yard in Toronto on Monday, March 21, 2022. THE CANADIAN PRESS/Nathan DenetteThe head of Canada's second-biggest railway enjoyed a big jump in compensation after a historic year for the company as it integrated a major acquisition.
The continent's two smallest Class 1 railways joined forces after CP acquired KCS for US$31 billion in December 2021. The move marked the continent’s first big rail merger in more than two decades, making the joint railway network the only one to stretch from Canada through the United States to Mexico.
At rival Canadian National Railway Co., compensation moved in the other direction last year. Its six senior executives saw their total compensation decrease three per cent to $29.6 million, largely due to lower bonuses after the Montreal-based company fell short of performance targets.Chief executive Tracy Robinson's compensation nudged up by two per cent to $14.0 million, mainly because she joined as CEO two months into 2022 and was not paid for a full year.
Everest climbers will have to take their poop away with them, as Nepal tries to address growing waste problem A retreat in new car purchases helped push the country's retail sales down 0.3 per cent to $67 billion in January, Statistics Canada said Friday.Gas prices are set to rise in Alberta next month, with the provincial government fully reinstating its fuel tax following a drop in oil prices.With the solar eclipse just a week away, it’s time to think about how to safely view the celestial show.
She took a DNA test to find out her heritage. What she found was a decades-old secret her mother never planned to shareAn Alberta corral cleaning company was fined a total of $85,000 for an incident that led to a worker being seriously injured in southwestern Saskatchewan.Six residents of a townhome on Linden Drive have been displaced after a fire early Monday morning, Cambridge Fire says.Waterloo regional police say no one was hurt in a tractor trailer fire at a property on Shantz Station Road.
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