1238 ET - Tariff volatility has prodded producers in Canada to seek alternative customers apart from the U.S., said Keith Creel, chief executive of Canadian Pacific Kansas City, or CPKC, the only single-line rail network that connects Canada, the U.S. and Mexico. "If the U.S. market is unattractive, the Mexican market becomes more attractive," said Creel. "The Mexicans are motivated as the Canadians are motivated to create this market and we become the bridge." Previously, CPKC's cargo was centered on trade between the U.S. and Mexico and between the U.S. and Canada. Creel said CPKC expects to ship more aluminum and plastics produced in Canada to Mexican markets. Food too. French fries produced in Calgary, Canada could go straight to Mexico when a cold storage facility is up and running later this year. (esther.fung@wsj.com; @estherfung)
(END) Dow Jones Newswires
March 13, 2025 12:39 ET (16:39 GMT)
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