"
Canadian Pacific announces strong results for 2006
07:30
EST Tuesday, January 30, 2007
Operating
Income sets record at $1.13 billion
CALGARY,
Jan. 30 /PRNewswire-FirstCall/ - Canadian Pacific (TSX/NYSE:
CP) announced its fourth-quarter and full year 2006 results
today. For the full year, net income for 2006 was $796 million,
which included a tax benefit of $176 million as a result of
a decrease in Canadian federal and provincial income tax rates.
This was an increase in net income of 47 per cent over 2005.
Diluted earnings per share was $5.02 for the full year 2006,
an increase of 48 per cent over 2005. "
As
you can see, CP Rail has done remarkably well with the work rules
that it has in place. It definitely makes you wonder why they
are willing to push us to mediation and possible job action, to
try and change so many of them.
In
solidarity,
Bill
Brehl
President,
TCRCMWED
Teamsters
Union Releases Shocking Video Footage of Picket Line Arrests
by CP Rail Police Force>>>
Charges
Under Article XIX, Section 8 of the IBT Constitution
>>>
