CP Rail weighing options for C$2 bln in surplus real estate -CEO
CALGARY Feb 18 (Reuters) - Canadian Pacific Railway Co , the country's second-biggest rail operator, is considering what to do with C$2 billion ($1.83 billion) in surplus real estate, its chief executive said on Tuesday.
Hunter Harrison said at a Calgary event that he has begun talking to the railway's board of directors about options for the assets. The railway recently said it is hitting long-term goals ahead of schedule and could issue a new five-year plan before this fall.
- Lost airliner was diverted deliberately: Malaysian PM |
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- Malaysia PM says lost plane's movements indicate a deliberate act
- UPDATE 2-Satellite data shows missing Malaysia plane may have flown thousands of miles-source
- UPDATE 1-Rolls-Royce concurs with Malaysia on missing jet's engine data