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Canadian Pacific Kansas City Ltd
Symbol CP
Shares Issued 913,625,670
Close 2025-09-12 C$ 103.98
Market Cap C$ 94,998,797,167
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NP says CNR/CP hear Carney's projects more of the same

2025-09-12 09:26 ET - In the News

See In the News (C-CNR) Canadian National Railway Company

The National Post reports in its Friday edition that Prime Minister Mark Carney announced five "nation building" projects, including Alto high-speed rail, but their scope is modest, as many are not new and have faced years of regulatory delays. The Post's guest columnist Michael Higgins writes that they now require approval from Mr. Carney's new Major Projects Office and must pass scrutiny from an Indigenous Advisory Council, while also meeting Liberal climate goals. Mr. Higgins sees more red tape rather than a commitment to building quickly. Mr. Carney recently highlighted Canada's landmark projects, including the national railway, post-WWII housing, the Trans-Canada Highway and the St. Lawrence Seaway (completed in five years). Mr. Carney noted that we used to build significant projects quickly in this country. He said it is time to return to that approach, which means getting out of the way. What Mr. Carney did not say was that a lot of that regulatory red tape was a direct result of a decade of Liberal policy. Mr. Carney acknowledged tough times ahead, suggesting that protectionist policies might help. He stated, "The path ahead will not always be easier," highlighting the "ruptured" state of the global economy.

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