All Canada articles
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NewsKCS cements CP merger as CN agrees early termination
NORTH AMERICA: Canadian Pacific Railway and Kansas City Southern confirmed on September 15 that they had entered into a definitive merger agreement, valuing the smaller railroad at approximately US$31bn.
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News
Canadian Pacific closes in on KCS merger
NORTH AMERICA: Canadian Pacific announced on September 12 that it ‘looks forward to executing a definitive merger agreement’ with Kansas City Southern, after the smaller railroad’s board deemed that CP’s latest bid now amounted to a ‘Company Superior Proposal’ compared to a previous offer from Canadian National.
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News
Signal gantries installed at Toronto Union
CANADA: PNR RailWorks has installed two large signal gantries spanning nine tracks as part of the Union Station Rail Corridor signalling enhancement programme on the Metrolinx network in Toronto. Concrete foundations were installed and the structures pre-assembled over two weeks, and then the gantries were put ...
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News
Canadian National bid for Kansas City Southern in doubt after STB blocks voting trust
USA: Canadian National’s US$33·6bn bid to acquire Kansas City Southern received a major setback on August 31, when the federal Surface Transportation Board rejected an application to use a voting trust as part of the process. Announcing the unanimous decision of the five-strong board, STB said ...
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News
CP raises its offer for Kansas City Southern
NORTH AMERICA: Canadian Pacific announced on August 10 that it had submitted a ‘superior proposal’ to acquire Kansas City Southern, valuing the smaller railway at approximately US$31bn.
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News
Calgary – Banff passenger train project enters development phase
CANADA: A detailed memorandum of understanding to accelerate the development of a proposed 150 km passenger line linking Calgary Airport with Banff National Park has been signed by Alberta’s Ministry of Transportation, Invest Alberta and Canada Infrastructure Bank. Project feasibility studies have been completed since ...
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News
Rail freight monitoring technology partnership launched
NORTH AMERICA: Supply chain data analytics company Nexxiot and cargo monitoring technology specialist TransRail Innovation Group have announced a partnership to integrate TRIG’s sensors into Nexxiot’s modular hardware and cloud data network. TRIG’s digital sensors evaluate liquid cargo levels in real-time, monitor whether wagon handbrakes ...
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News
Indigenous owned and operated railway to be modernised
CANADA: A financing package for the modernisation of Canada’s first Indigenous owned and operated railway has been announced by Tshiuetin Rail Transportation, Canada Infrastructure Bank, Transport Canada and the government of Québec. Tshiuetin (‘North Wind’) has owned and operated the 217 km line from Emeril ...
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Metro Report International
Vancouver SkyTrain expansion funding announced
CANADA: Prime Minister Justin Trudeau has confirmed that the federal government would provide up to C$1·3bn to meet 40% of the cost of the proposed Surrey Langley Extension of Vancouver’s SkyTrain automated light metro network, subject to due diligence and the approvals process. The Province ...
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News
Toronto – Québec High Frequency Rail procurement to get underway this year
CANADA: The government has announced the start of procurement for the High Frequency Rail programme to build dedicated tracks for 200 km/h electric passenger trains on the Corridor route linking Toronto, Ottawa, Montréal and Québec. On July 6 Transport Canada said the process to select ...
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News
Northern Ontario passenger rail service to be studied
CANADA: The government of Ontario has allocated C$5m to support the development of plans to reintroduce passenger train services running north from Toronto to Timmins or Cochrane. Ontario Northland’s Northlander train service between Toronto and Cochrane ended in 2012; at the time the province ...
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News
Lac-Mégantic rail bypass agreement
CANADA: The federal government and Canadian Pacific Railway have signed an agreement covering the next steps in the development of the Lac-Mégantic rail bypass, which will enable trains to avoid the Québec town which was devastated when an unattended crude oil train ran away in July ...
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Metro Report International
Hamilton LRT back on with federal funding
CANADA: The federal government has announced C$1·7bn of funding for the Hamilton Light Rail Transit project, matching Ontario’s C$1·7bn contribution to ensure that the proposed line can go ahead and will be long enough to be viable. Ontario’s Minister of Transportation Caroline Mulroney said the ...
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News
Kansas City Southern agrees CN merger and drops CP
NORTH AMERICA: Kansas City Southern and Canadian National announced a definitive merger agreement on May 21 which CN President CEO JJ Ruest said would ‘create the premier railway for the 21st century.’ KCS and Canadian Pacific had announced a ...
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News
KCS favours revised CN proposal over CP merger plan
NORTH AMERICA: Kansas City Southern has given notice of its intention to terminate its merger agreement with Canadian Pacific, following the receipt of revised proposals from Canadian National.
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Metro Report International
Toronto streetcar funding confirmed
CANADA: The government of Ontario has agreed to provide C$180m to support the purchase of 60 additional streetcars for Toronto Transit Commission. The funding will be matched by the federal government, with the City of Toronto providing an additional C$208m. The trams are to be ...
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Metro Report International
Toronto subway expansion funding announced
CANADA: Federal funding to cover 40% of the C$26·8bn cost of four ‘shovel-ready’ public transport projects in the Greater Toronto Area was announced on May 12. Infrastructure Canada said this was a ‘once-in-a-generation’ investment in the area, which has 20% of Canada’s population and the ...
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News
KCS agrees to evaluate CN’s unsolicited offer
NORTH AMERICA: Kansas City Southern has agreed to hold discussions with Canadian National over its unsolicited acquisition proposal, the railway announced on April 24.
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Metro Report International
Montréal REM airport station financing package confirmed
CANADA: A C$500m financing package for the construction of a Réseau Express Métropolitain automated metro station at Montréal-Trudeau International Airport was announced on April 16. The C$600m station development is being led by Aéroports de Montréal, which will provide up to C$100m and repay loans ...
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News
Watco to acquire Algoma Central and upper Midwest lines from CN
NORTH AMERICA: Canadian National has agreed terms for the sale of around 1 400 km of secondary routes in Canada and the USA to short line and regional group Watco Companies Inc.
