Thursday, June 27, 2013

Calgary mayor blasts CP Rail over latest disaster

As well he should.

Naheed Nenshi is apparently bold enough to draw a line from CP Rail's layoffs of thousands of workers and the fact that their trains seem to be falling off bridges and tipping into wetlands and rivers with alarming frequency.

Hedge fund boss Bill Ackman recently announced that he plans to sell off about a billion dollars of his CP Rail holding. His miraculous "turnaround" at the railway consists of making the trains longer and firing thousands of workers.

Mayor Nenshi asks a serious question and deserves an answer; how many bridge inspectors have been fired?

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