Budget 2024

Tax and spend fiscal plan will inhibit growth

Just two days after Natural Resources Minister Seamus O’Regan launched the Hydrogen Strategy for Canada, Keith Creel announced his company’s plans to develop North America’s first line-haul hydrogen-powered locomotive.

This is a globally significant project that positions CP at the leading edge of decarbonizing the freight transportation sector. [We] will continue to focus on finding innovative solutions to transform our operations and adapt our business.

Keith Creel, President and CEO, CP Rail