Residents rail against U.S. company as Port Churchill’s future is on the line [Financial Post (Toronto, Ontario, Canada)]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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Source: Financial Post
Residents rail against U.S. company as Port Churchill’s future is on the line Put aside lumber and milk for a moment. Canada’s ugliest cross-border business brawl is unfolding along a rickety railroad, balanced on permafrost, in northern Manitoba. Whoever wins gets control of Canadian shipping out of the Arctic — and locals say that control should no longer rest with the U.S. company that has held it for 20 years. “You’re holding Manitoba hostage,” one angry farmer told executives of OmniTrax Inc., which owns Canada’s only Arctic shipping route, at the Hudson Bay Route Association’s annual meeting in April. The meeting was a rare chance for the port’s users to vent directly at the Denver-based company. Predictably, it got heated quickly. The very survival of the Arctic port in Churchill, Man., is on the line after the port closed last year. And the future of the town, population 800, hinges on the port’s. Manitoba leaders have lobbied the federal government to intervene in the compa
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CNI
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- 1/23/24 - Beat
CNI
Sec Filings
- 3/21/24 - Form 6-K
- 3/21/24 - Form 6-K
- 2/27/24 - Form 144
- CNI's page on the SEC website