GFM Network News

Grain handle helps CN to record first-quarter volume

Canadian National Railway reports moving more Prairie grain in its first quarter than at the same time last year, despite “more demanding winter conditions” compared to 2016. Montreal-based CN on Monday reported net earnings of $884 million on overall revenues of $3.206 billion for the quarter ending March 31 (Q1), up from $792 million on […] Read more

Maple Leaf results improve as Toronto plant shuts

Maple Leaf Foods booked improved sales and margins for its first fiscal quarter as the last of its further-processing plants slated for closure in 2011 completed its last production run. The Toronto meat processing firm on Thursday reported a net loss of $2.86 million on sales of $720.25 million for its quarter ending March 31, […] Read more