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Canadian Pacific News Summary (Date Unknown) Hopper cars rolling but not very fa
Canadian Pacific News Summary (Date Unknown)
12 pages
Contents
Aviation 5
Labor8
Telecommunications 8
Business and Finance 10
Railway 3
Tourism and Travel 9
Energy 7
Shipping 6
Hopper cars rolling but not very farAbout 100 federal grain hopper cars have rolled off a Trenton, Nova Scotia production line and onto an unused siding because the government hasn't yet found a leasing company to buy them. Under the federal hopper car program, the federal government was going to lease 2,000 hopper cars from private leasing companies for about $10 million a year.Page 3
Crow's Nest rates changes possibleTransport Minister Jean-Luc Pepin has described the statutory Crow's Nest Pass freight rates as both a right and handicap for western farmers. In his first statement to the Commons - on a subject of keen interest in the West -Pepin said the special rates for shipping grain by rail to export positions are one of the basic foundations of Canada.Page 4
Coal liquefaction 'energy bridge'Coal will provide the energy bridge to the future and further oil price rises may make conversion of coal to liquid fuels economically viable in Canada, says Norman Cooke, manager, technical development department, SNC Group of Montreal. Page 7
Ottawa signs agreements for convention centreThe federal government has signed financial agreements that will permit the $5.2 million trade and convention centre on Vancouver's Pier B-C to go ahead. At the same time B.C.'s Human Resources Minister Grace McCarthy announced a major convention booking for 1984.Page 9
Trends and TopicsCP Rail is investigating ways to improve wood chip car movement between the B.C. southern interior and west coast. Slumping lumber sales are encouraging sawmills to produce more chips to feed healthy pulp and paper markets and that has put pressure on rail traffic.Page 4
Labor and management have started contract talks at the Port of Montreal nine months before the expiry date of the current agreement. In an unusual negotiating move, the two sides decided to start meeting earlier this year to try to get a new contract signed before the old one runs out.Page 6
Canada's big companies are scoring surprisingly strong profits - but outside of the oil and gas industry, the high-speed gains are not expected to last.Page 10
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