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Stock impact report

Poilievre calls for cancellation of multibillion-dollar high-speed rail project [Yahoo! Finance Canada]

Canadian Pacific Kansas City Limited Common Shares (CP) 
Last canadian pacific kansas city limited common shares earnings: 4/21 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.cpr.ca/financials/default.aspx
Speaking to reporters in Peterborough, Ont., on Tuesday, Poilievre called the project a "boondoggle" that would waste taxpayer dollars. "Carney Liberals will confiscate farmland and private property, disrupting communities and harming the quality of life of local residents who will not even get to use the train because it won't have any stops near their homes," said Poilievre, who was joined by MP Philip Lawrence and former MP Michelle Ferreri. Alto, the Crown corporation overseeing the project, estimates the full project will cost between $60 billion and $90 billion. Construction of the first phase of the 1,000-kilometre rail line, linking Montreal and Ottawa, is set to kick off in 2029 or 2030. That will be a test case for what would be a massive infrastructure project intended to transform rail travel in Canada's most densely populated region. The seven stops mandated by the federal government are: Toronto, Peterborough, Ottawa, Laval, Que., Montreal, Trois-Rivières, Que Show less Read more
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