One of Canada’s largest transportation and logistics companies says it will temporarily lay off some employees, suspend dividend and slash executive pay as it braces for economic fallout to hit freight.
Conservative leader Andrew Scheer has vowed to kill carbon pricing, but polling points to likelier path to power for Justin Trudeau’s weakened Liberals – given support from third-parties with compatible environmental policies.
Trucking and rail sectors decline as flat GDP report ends four-month growth streak, but analysts say fundamentals remain solid despite weakness in energy and mining.
GDP growth hits 3.7 percent on trade surge, but patches of weakness in householding and business spending paint a mixed picture.
