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Canadian Pacific News Summary 1980 December 12 B.C. picks Ontario trains for tra
Canadian Pacific News Summary 1980 December 12
12 pages
Contents
Railway 3
Aviation 6
Economics 7
Business & Finance 8
Telecommunications 10
Shipping .10
B.C. picks Ontario trains for transit lineHigh-technology, "people mover" trains developed by an Ontario government Crown corporation have found their first major, independent buyer in the British Columbia government. The government also decided to buy more conventional trains, similar to the Ontario government's GO trains, to run on existing CP Rail track.Page 5
CP Air seeks rights on route to TexasCP Air has announced plans to seek operating rights for an Edmonton-Calgary route to Texas if the U.S. Civil Aeronautics Board agrees to accept the Canadian airline's applications.Page 6
Enterprises to consolidate agriproductsCanadian Pacific Enterprises Limited plans to consolidate its Canadian agriproducts businesses into Maple Leaf Mills Limited, it was announced Dec. 5.Page 8
Trends and TopicsA two-year agriculture study has concluded that railway roadbeds in Western Canada should be nationalized by the federal government to make grain movement more efficient.Page 3
Air Canada expects a record profit this year and is contemplating an eventual offering to the public of some of its shares.Page 6
Despite warnings about politics and growing economic nationalism in Canada, the U.S. government is advising American businessmen to look north for rosy sales opportunities.Page 7
It's coal's turn again. And British Columbia is on the energy shopping circuit for buyers from around the world.Page 12
AppendedResolving the problem of railway losses on the movement of export grain at statutory rate levels is a key element in the future economic development of Western Canada, W.W. Stinson, CP Rail's executive vice-president, told the Men's Canada Club of Calgary Dec. 4. He said grain losses are causing a shortfall in funds necessary to finance a $14 billion expansion program by Canadas major railways during the 1980s. His text is appended
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