Increasing Canadian rail traffic could be good news for economy

01/11/2012 | Bloomberg

An increase in traffic at Canadian National and Canadian Pacific could indicate that Canada's economy will grow steadily and perhaps surpass growth forecasts from economists this year, according to Bloomberg. Cargo shipments in Canada posted year-on-year growth during the fourth quarter of last year, while commodity shipments rose 6.8% during the November-December period, according to the Association of American Railroads.

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