Prentice makes appearance at CP annual meeting, coy on leadership plans
CALGARY - The CEO of Canadian Pacific Railway says Jim Prentice will resign his seat on the company's board of directors if he's successful in the Alberta Tory leadership race.
Hunter Harrison says he'd hate to lose Prentice, a former federal cabinet minister, but he wishes him success.
Prentice himself divulged little about his plans when approached by reporters following Canadian Pacific's (TSX:CP) annual general meeting.
He said he'll have more to say in the days ahead and for now he's enjoying work as a private citizen.
Harrison said Prentice's political ambitions are no secret and people are saying "congratulations" when he walks into the room.
Prentice is also a senior executive at the Canadian Imperial Bank of Commerce and has been working for Enbridge Inc. (TSX:ENB) to try to win First Nations support for the company's proposed Northern Gateway pipeline.
Read more Business News
- All candidates forum comingKelowna
- Truck thief quickly nabbedPenticton / S. Okanagan
- Bobbitt hearing adjournedPenticton / S. Okanagan
- Development builds protestKelowna
|QHR Technologies Inc||1.17||+0.05|
|Anavex Life Sciences||0.192||+0.001|
|Copper Mountain Mining||2.17||+0.18|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.46||+0.01|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...