High-speed rail case difficult to make

Governments and taxpayers need to look more closely at several factors, including transportation, impact and costs

High-speed rail case difficult to makeListen to the promoters and you would think the Vancouver-to-Seattle-to-Portland high-speed rail proposal is a great idea. For many, high-speed rail is a panacea that promises to solve all of our transportation and environmental problems. But governments and taxpayers need to look more closely at several factors, including transportation, impact and costs. High-speed rail has…

Canadian airlines see growth in revenue and passengers

Canadian airlines see growth in revenue and passengersOperating revenue for the 26 largest Canadian air carriers totalled $6.6 billion in the first quarter, up 8.8 per cent from the first quarter of 2018, according to a study released by Statistics Canada on Monday. “The gain was driven primarily by increases in both passenger (+8.8 per cent) and goods (+6.0 per cent) revenue.…

WestJet sale to Onex clears another hurdle

WestJet sale to Onex clears another hurdleCalgary-based WestJet Airlines Ltd. has announced that Canada’s Competition Bureau has granted unconditional approval for WestJet's proposed sale to Onex Corp. by issuing a no-action letter. “Receiving unconditional approval from the Canadian Competition Bureau is another important step on our path to closing the transaction. We continue to engage with the relevant authorities on the…

Record quarterly revenue for Canadian Pacific Railway

Revenue growth across every line of business, says company

Record quarterly revenue for Canadian Pacific RailwayCalgary-based Canadian Pacific Railway Ltd. announced on Tuesday record second-quarter revenues of $1.98 billion, an increase of 13 per cent from last year. It also had record earnings per share (EPS) with reported diluted EPS of $5.17 or $4.30 on an adjusted diluted EPS basis. “I commend the team for this record second-quarter performance,” said…

Okotoks-based Mullen Group acquires two companies

Argus Carriers Ltd. and Inter-Urban Delivery Service Ltd. provide transportation and logistics services in the Lower Mainland of B.C.

Okotoks-based Mullen Group acquires two companiesOkotoks-based Mullen Group Ltd. has acquired Argus Carriers Ltd. and Inter-Urban Delivery Service Ltd., which provide transportation and logistics services in the Lower Mainland of Vancouver. “I am extremely pleased that Argus and Inter-Urban will now be part of our organization,” said Murray Mullen, chairman and chief executive officer, in a news release. “They are…

WestJet, Delta Air Lines move closer to joint venture

Canadian Competition Bureau gives clearance. Regulatory approval still needed from U.S. Department of Transportation

WestJet, Delta Air Lines move closer to joint ventureCalgary-based WestJet and Delta Air Lines announced on Thursday that their proposed U.S.-Canada transborder joint venture has received clearance under Canada's Competition Act from the Canadian Competition Bureau.  The airlines said the bureau issued a no-action letter confirming that it doesn’t intend to challenge the proposed joint venture agreement between WestJet and Delta. “Today's clearance by…

WestJet sale to Onex approved by federal minister

Deal still subject to conditions, including other regulatory approvals and approval by the security holders on July 23

WestJet sale to Onex approved by federal ministerCalgary-based WestJet Airlines Ltd. says Onex Corp. has received approval from the federal minister of Transport to acquire WestJet provided the acquisition doesn’t raise public issues related to national transportation. It was announced in May that WestJet was being sold to Onex in a deal that is worth about $5 billion, including assumed debt. The…

We need to manage the Uber revolution more carefully

The opportunity to augment your income is appealing in an economy that has left so many people far behind

We need to manage the Uber revolution more carefullyTaxis have been commonplace in our cities for decades and – in some cases – centuries. We need to apply the lessons we’ve learned to the ride-sharing revolution. The first documented coach for hire was in 1621, in London, England. It only took 33 years for there to be enough issues that parliament passed a…

Air Canada, WestJet rank high in airline satisfaction survey

Among traditional North American carriers, Alaska Airlines ranks highest for the 12th consecutive year

Air Canada, WestJet rank high in airline satisfaction surveyThe J.D. Power 2019 North America Airline Satisfaction Study ranks Air Canada as fourth overall in the traditional carrier category and Calgary-based WestJet as third overall in the low-cost carrier category. “Among Canada-based airlines, Air Canada (729) saw its customer satisfaction score decline five points from 2018. WestJet (758) saw its score increase 11 points…

Air Canada buying Transat A.T. Inc. for $520 million

Will create a Montreal-based global travel services company in leisure

Air Canada buying Transat A.T. Inc. for $520 millionHot on the heels of the announcement this week that Calgary-based WestJet is being sold in a $5-billion deal to Onex Corp., Air Canada announced on Thursday that it intends to buy Transat A.T. Inc. for about $520 million or $13 per share. In a news release, Air Canada said it will create a Montreal-based…

CN acquires Alberta-based H&R Transport

Strategy is to offer more end-to-end rail supply chain solutions to a wider range of customers

CN acquires Alberta-based H&R TransportCanadian National Railway, through a subsidiary company, has reached an agreement to acquire the intermodal division of the Alberta-based H&R Transport Limited, it announced on Thursday. “H&R is well known in Alberta and across the industry for investing in its people, systems, and assets, as well as its customer centric services and best in class…

Sitting on the dock of the bay, watching an idle ferry

The Canadian response to being stranded for 11 hours on a BC ferry? Free food, cheers and applause!

Sitting on the dock of the bay, watching an idle ferry“Please be advised that the next sailing from Langdale to Horseshoe Bay has been delayed by at least four hours. Those passengers wishing instead to return to Powell River, please pull over to the right-hand side as you exit the ferry, and you will be guaranteed a return trip. …” “Hmmmmm. What’s that all about?”…

In one fell Swoop, Jetlines gets a leg up on its competition

Canada’s newest ultra-low-cost carrier has made a bold move by changing its home base to Vancouver from Abbotsford

In one fell Swoop, Jetlines gets a leg up on its competitionCanada Jetlines has yet to take its inaugural flight but it’s already flying full throttle in its dogfight with rival airlines. Canada’s newest ultra-low-cost carrier made a bold announcement this month, changing its home base to Vancouver International Airport (YVR). It had planned to be based in Abbotsford, a 90-minute drive away on a good…

Why predatory pricing in Canada’s airline industry must stop

If the smaller competitors are driven from the market, how long will it take for fares to increase, to the detriment of consumers?

Why predatory pricing in Canada’s airline industry must stopCanada’s air travel industry is a mess, with 87 per cent of the domestic market controlled by two carriers and Canadians enduring some of the highest airfares in the world. We actually fly less and see less of our country compared to citizens of other countries precisely because it’s so expensive. We deserve a better…