Moody's Investors Service (Moody's) affirmed the senior unsecured debt of Canadian Pacific Railway Company (CPR) at Baa2, its backed senior unsecured rating at Baa2, its senior unsecured shelf rating at (P)Baa2 and its P-2 Commercial Paper rating. The outlook was changed to positive from stable. ...
DBRS Morningstar believes that the ongoing west coast port strikes are seriously disrupting supply chains in the near term as trade comes to a halt. This is causing significant operational disruptions to multiple sectors including the automobile, industrial, railway, fertilizer, and retail sectors. It will also take increasingly longer for supply chains to stabilize relative to the length of the strikes. Despite the significantly disruptive nature of the strikes, we expect that the crisis will...
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