Wednesday, October 22nd13.3°C
23840
22501

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.

The Canadian Press


Read more Business News

23658


Recent Trending




Today's Market
S&P TSX14547.71+209.94
S&P CDNX822.2810.93
DJIA16614.81215.14
Nasdaq4419.479+103.404
S&P 5001941.28+37.27
CDN Dollar0.8905-0.0003
Gold1248.90-2.7999
Oil82.06+0.10
Lumber329.70+0.10
Natural Gas3.694-0.017

 
Okanagan Companies
Pacific Safety0.100.00
Knighthawk0.01-0.005
QHR Technologies Inc1.17+0.05
Cantex0.055-0.025
Anavex Life Sciences0.192+0.001
Metalex Ventures0.045-0.005
Russel Metals33.09+0.81
Copper Mountain Mining2.17+0.18
Colorado Resources0.150.00
ReliaBrand Inc0.012+0.0009
Sunrise Resources Ltd0.060.00
Mission Ready Services0.46+0.01

 



23825

FEATURED Property
2072359670 Mccurdy Rd
2 bedrooms 1 baths
$118,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

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...


Big bank predicts rate hike

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...


Experts share strategies in Kelowna

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...

_








Member of BC Press Council


22707