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Canadian Pacific News Summary 1980 Mar 21 Royal Commission on Crow
Canadian Pacific News Summary 1980 Mar 21
12 pages
Contents
Aviation 7
Economics 8
Highway 9
Business & Finance 11
Energy 10
Labor 9
Railway 3
Royal Commission on Crow?Ottawa sources say the federal government is seeking a mechanism for revision of the historic Crowsnest rate -and one proposal getting some consideration involves a royal commission on prairie freight rates perhaps headed up by Alberta rancher Jack Horner, a former MP and one-time Trudeau cabinet member. Page 3
Wage and price controls not likelyThree men who should have a good feel for the subject think Ottawa isn't likely to resort to wage and price controls again, despite economists' concerns that the double-digit inflation that brought the last control program could return. Page 8
New small parcel terminal in serviceA 100,000-square-foot complex to handle traffic for the growing Canpar small parcel service has been opened by CP Express in Toronto. The facility will double CP Express's capacity for handling Canpar traffic in Ontario.Page 9
Loosening regulatory ties.Trucking deregulation advocates in the United States are hailing as a victory passage of a trucking deregulation package by the Senate Commerce Committee. The package is not yet law; it will probably be considered in full by the Senate this spring.Page 9
Trends and TopicsThe Union Pacific Railroad and the London Transport system are two of the world's railways making some of the first railway communication applications of new fibre-optics technology.Page 6
Canadian airlines are capturing an increasing share of the passenger market and are stepping up competition to lure travellers with bargain fares.Page 7
A facility seen as part of the long-term answer to Canada's energy self sufficiency isn't even earning enough money to pay its operating costs. The Syncrude plant is producing oil at a cost of $30 a barrel, although the domestic price is only half that.Page 10
In a long-awaited decision, Alberta is now moving to take over the collection of its own corporate income tax from the federal government. The change may pave the way for development of the province's own business-related tax incentives.Page 11
"Grain Transportation -A Railway Point of View" was the subject of a talk to the Regina Chamber of Commerce's Farm Forum by J.E. McTaggart, Co-Ordinator, Public Information, CP Rail, Winnipeg. Text of his remarks is appended.
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