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Transportation News

VIA Rail Still Struggling

VIA Rail, Canada’s counterpart to Amtrak and a much-smaller system, is not doing well and seeking emergency government funding. It recently reported an 82% drop in ridership and an 84% decrease in revenue compared with last year, as well as a savings of 27.5% in...

Airports Council Looking for Aid

An industry group is sounding the alarm over the financial state of the country’s airports as ongoing travel restrictions take a crippling toll on passenger traffic levels and revenues.  Since April, traffic in airports has been down 90 percent .  The...

CN Proud to Celebrate 25th Anniversary of its Privatization

Exactly 25 years ago today, the Government of Canada put CN shares up for sale to investors; at C$2.25 billion, it was the biggest IPO in Canadian history. At the time, CN was the largest and oldest Crown Corporation in Canada.  On November 17, 2020, CN is a...