Category : Corporate News


CPKC Maintains Rail Ops During Strike

Canadian Pacific Kansas City Ltd. says it will maintain rail operations across Canada despite a strike by close to 300 signals workers. The union representing the workers announced the strike, but CPKC is committed to keeping trains running.

Steelworkers Ratify 5-Year Deal with Vale

USW Local 6500 members voted nearly 88% turnout and over 75% in favor of a new five-year agreement with Vale, averting a labour disruption in Sudbury and Port Colborne.

CIBC Sells Caribbean Unit for US$1.6B

CIBC sells its Caribbean division for US$1.6 billion to focus on North America. Despite strong Q2 earnings, shares drop nearly 4% as analysts note weaker growth in retail and U.S. commercial divisions.

Stoneshield Capital Fund IV Closes at €1.5 Billion

Stoneshield Capital announces final close of Opportunity Fund IV at €1.5 billion hard cap, oversubscribed with strong investor support and initial investments in Neinor Homes, Meliá Hotels, and Exolum.

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