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Canadian Pacific News Summary 1980 July 25 CP Rail to spend $200 million on loco
Canadian Pacific News Summary 1980 July 25
10 pages
Contents
Railway 3
Aviation 4
Shipping 5
Highway 6
Labor 6
Telecommunications 7
Energy7
Economics 8
Business & Finance 9
CP Rail to spend $200 million on locomotivesCP Rail is embarking on a 10-year, $200 million program to reshape its existing locomotive fleet into a more powerful and flexible force by the end of the decade.Page 3
Airlines cut some fares by 60 per centA fare war has broken out between Air Canada and CP Air, slashing prices by about 60 per cent for Canadians travelling to North American destinations this fall.Page 4
Shortage of tradesmen threat to miningTime may be running out for Canada's mining industry as it tries to come to grips with the perennial shortage of skilled tradesmen and semi-skilled miners that is threatening to reduce production levels early in the 1980s.Page 6
Workers face a dent in payThe ranks of the unemployed will continue to grow and those who do have jobs will be taking home lower real wages next year, says the Conference Board in Canada.Page 8
Trends and TopicsCanadian Pacific Ltd. is taking legal action against eight people, including Ontario Attorney-General Roy McMurtry and Mississauga Mayor Hazel McCallion, involved in the Mississauga train derailment and evacuation last Nov. 10.Page 3
The Manitoba Telephone System took a big step forward when legislation was introduced by the Lyon government giving the crown telephone agency absolute control over the distribution of electronic signals through coaxial cable in the province.Page 7
Free trade with the United States will benefit Canada's booming petrochemical industry and lead to more end products being manufactured here says an industrial executive.Page 9
Canada's' grain-embargo policy on wheat exports to Russia will be eased when the current crop year ends July 31, says Senator Hazen Argue, minister responsible for the Canadian Wheat Board.Page 9
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