CP rail got approved for the merger with KC southern line.
What does that mean?
CP rail now has a rail line that can access all three countries in North America. The only rail line.
Why is it important?
Rail line has shown their property has more rights than government. Think of how little paperwork to ship goods cross border. I would expect companies are signing up long term contracts to access all markets.
Yes I do own CP. but feel it’s a great stock to own long term.
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