Latest news with #EasternCanada
Yahoo
27-05-2025
- Business
- Yahoo
Canadian National Railway Plans to Invest $475 Million in Quebec to Strengthen Capacity and Accelerate Growth
Canadian National Railway Company (NYSE:CNI) announced today a $475 million CAD investment in Quebec, reinforcing its strategic commitment to infrastructure resilience, customer service, and digital modernization. The investment will fund vital upgrades to CNI's Taschereau railyard in Dorval (one of Eastern Canada's most critical freight hubs) and several IT projects aimed at improving logistics efficiency and customer service across the entire network. This builds on the company's already significant $633 million CAD infrastructure investment in Quebec in 2024. A slow moving freight train, revealing the importance of railway equipment. Canadian National Railway Company (NYSE:CNI)'s intent of strengthening its Quebec infrastructure aligns well with the Canadian government's outlook on the region's growth — the region's real GDP growth is projected to accelerate to 1.4% in 2026 (vs. 1.1% in 2025), while the real exports growth is expected to accelerate to 2.0% in 2026 (vs. 1.3% in 2025). Quebec accounts for 19% of Canada's GDP and contains strategic Aerospace, Forestry, and Agriculture activities, which require efficient freight frameworks to boost efficiency and profitability. With such large projects ahead, Canadian National Railway Company (NYSE:CNI) is well-positioned to accelerate its growth vs. the sluggish post-pandemic period. Management maintains optimistic 10% to 15% EPS growth guidance for the current fiscal year, while CNI stock outperforms the broad market year-to-date. While we acknowledge the potential of CNI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CNI and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Health
- Yahoo
The Dangerous Potato Recall That's Still A Mystery Today
With all the different ways you can slice a potato — or fry, bake, mash, or hash your potato recipes — it's easy to forget how many spuds we're constantly eating. And this means a big enough potato recall can affect millions of people. Usually, the most common reasons foods are recalled involve contamination from harmful bacteria like E. coli or listeria or allergy-triggering substances that aren't mentioned on the box. Sometimes recalls are spurred by pieces of plastic or even metal bits making their way into the food, which can cause an entire product line to be recalled out of caution. However, one potato recall went a step beyond that, and it still remains a mystery today: People were finding potatoes with sewing needles jammed inside of them. The incidents (and they did happen more than once) all took place around Prince Edward Island in eastern Canada around 2014 and 2015. The biggest one was traced to a sizable Canadian operation called Linkletter Farms, which had to initiate an enormous recall after a customer found a sewing needle in freshly bought spuds. Thankfully nobody was injured, but nobody was ever caught, either — and the motivations of whoever it was remain unknown. An investigation found that Linkletter hadn't broken any guidelines for potato processing, leading to wider suspicions among the public that a bad actor had tampered with the food. Read more: Fast Food Chains That Serve The Highest And Lowest Quality French Fries Just a few months after the initial incident, needles were found in french fries at the Cavendish Farms production plant. That time, they were discovered before they ever got a chance to be shipped to stores, so no recall was required. Some of the potatoes that were used to make those fries were from Linkletter Farms, but others were from a different undisclosed source. All in all, over 800,000 pounds of potatoes and french fries still got trashed in the immediate aftermath. The Prince Edward Island Potato Board even offered $50,000 in reward money (later, it was increased to $100,000) for information about the culprit, but the mystery remains unsolved. In 2016, there was yet another report from Halifax of a needle found in a leftover batch of cooked potatoes, though the incident was never officially tied to a specific Prince Edward Island farm. While the details in most of the reports point to intentional food tampering, some investigators have floated the idea that the needles could have been accidentally introduced somewhere along the supply chain or even in the consumer's home. Since then, the scare seems to have calmed down. Prince Edward Island is Canada's central hub for potatoes, and certain plants have upped their security by installing large metal detectors to keep future needles at bay. The sewing needle story remains a potent potato legend in the area, and if it truly was the work of a rogue tamperer, they're still out there somewhere. For more food and drink goodness, join The Takeout's newsletter. Get taste tests, food & drink news, deals from your favorite chains, recipes, cooking tips, and more! Read the original article on The Takeout.
CBC
24-05-2025
- Climate
- CBC
From lingering cold to early heat, Canadians sick of lousy spring weather
Canadians across the country are expressing frustration with unusual spring weather, from unseasonably cold temperatures in central and eastern Canada to premature heat in parts of the West.
CTV News
22-05-2025
- CTV News
Man arrested after knife assault: P.E.I. RCMP
An RCMP vehicle is seen in this file photo. (CTV News Regina) A 26-year-old Beach Point, P.E.I., man has been arrested following a knife assault in the eastern part of the Island. Kings District RCMP responded to a report of an assault involving a knife on Wednesday around 7:20 p.m. The Island EMS and RCMP Police Dog Services were also called to the scene, where RCMP prepared for a high-risk engagement. Police say officers were able to arrest the 26-year-old man before searching the residence where another person was found inside with significant injuries. RCMP began emergency first-aid before Island EMS arrived and were able to stabilize the person who was then transported to Queen Elizabeth Hospital. PEI RCMP Major Crime Unit and RCMP Forensic Identification Services are also part of the ongoing investigation. For more P.E.I. news, visit our dedicated provincial page.
CBC
14-05-2025
- Climate
- CBC
Manitoba RCMP to provide update on Lac du Bonnet wildfire
Manitoba RCMP say they will give an update related to the wildfire near Lac du Bonnet alongside local representatives on Wednesday afternoon. RCMP Supt. Chris Hastie, commander of the Manitoba east district, is scheduled to speak at 3:30 p.m. CT, along with Rural Municipality of Lac du Bonnet Reeve Loren Schinkel and Rural Municipality of Alexander Mayor Jack Brisco. CBC News will livestream the update from the Lac du Bonnet RCMP detachment on this page. Hundreds have already been forced out of the cottage country community in eastern Manitoba, as a raging out-of-control wildfire near Lac du Bonnet quickly grew in intensity through the late afternoon and evening Tuesday. While there were no reports of injuries, there was a significant loss of structures around the community's Wendigo Beach area, Schinkel said Wednesday morning. The province's online fire map lists a number of other wildfires burning across Manitoba, including several listed as out of control.
