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A 'ghost town' created in Detroit, with a little help from Canadian oil wealth

2014-04-14 15:36:16| Climate Ark Climate Change & Global Warming Newsfeed

Canadian Press: It looks like a ghost town, and Canadian oil helped build it. The burned-out, abandoned parcels of property in a west-end Detroit neighbourhood are the reverse image of an oil boom town a ramshackle yin to the thriving yang of Fort McMurray, Alta. For three-quarters of a century, crude oil has arrived here at the Marathon refinery. Even as this once-bustling, blue-collar area became blighted by crime and neglect like so much of Detroit, the industry survived. So when neighbours started complaining...

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Higher Profits For Canadian Pacific Rail Are A Pipe Dream

2014-04-13 07:08:00| Railroads - Topix.net

This stock trades at about 30 times earnings. In the past year, insiders have sold $142 million worth of stock and purchased $3.3 million in stock.

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Joy Global acquires Canadian hard rock mining equipment manufacturer

2014-04-12 14:56:43| Industrial Machines - Topix.net

P&H Mining Equipment Inc., owned by Joy Global, announced that it plans to acquire Mining Technologies International Inc. Photographer: Susana Gonzalez/Bloomberg Joy Global Inc., which makes mining equipment, announced Friday that it has agreed to buy Mining Technologies International Inc. for $46.53 million.

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Calgary fire department bills Canadian Pacific hundreds of thousands for derailments

2014-04-11 19:41:33| Railroads - Topix.net

The Calgary Fire Department has sent CP an invoice - estimated to be less than $500,000 - for costs of response to a derailment on the Bonnybrook bridge last summer.

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Canadian Wheat Board begins work on second elevator in Saskatchewan

2014-04-11 01:00:00| Food Processing Technology

Canadian Wheat Board, a marketing board for wheat and barley in western Canada, is constructing a second grain elevator near Colonsay, Saskatchewan.

Tags: work board canadian begins

 

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