Here comes the water. South Saskatchewan should hit your province Monday or Tuesday. I'm sure you've seen the pictures. Canmore flooded, High River flooded, Calgary flooded. Parts of Drumheller evacuated, parts of Medicine Hat evacuated. They cut the berm at Bassano dam, never happened since the dam was built. They closed the Bow River bridge on Highway 36 due to high water, never happened before. This is a big one. Bigger than '05, bigger than '95 by far. Stay safe.
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massive . . . transcanada blocked and certainly rail disruptions. also talk of downtown calgary disrupted for the next 2 weeks which is western canada's corporate headquarters.
until water recedes, damage will be unknown . . . may impact Canada's GDP this quarter.
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Thank you Edmonton!! you sent firefighters, police, military even building inspectors . .
go oilers, eskimos . . . sort of.
Calgary would do the same, but hopefully the need will never occur.
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So sad! What a mess! In the last 5 years "STUCK RAIN" events have cost many billions in damage or lost income in the prairies.
Ruined a crop or several for most of us, even worse, homes and a life's work.
Absolutely NOTHING worse than TOO MUCH WATER!!!!
And all this is happening in a semi arid prairie???
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Canadian Pacific recovery from Southern Alberta Floods ahead of schedule
Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.
SOURCE Canadian Pacific
CALGARY, June 24, 2013 /PRNewswire/ - Canadian Pacific (TSX:CP) (NYSE:CP) announced today its main line west of Calgary through the Banff-Canmore region of Alberta is now open after railway operations crews successfully restored segments impacted by the extreme weather last week. A portion of its track in Calgary is expected to re-open this evening, fully restoring the railway's main line. A segment of CP's south line to Lethbridge, Alberta will be fully restored by Thursday.
Heavy rainfall and the accelerated snowcap melt in the Rockies over the past several days caused severe flooding and many Southern Alberta communities remain evacuated and under states of emergency including Calgary.
While the affected segments of the railway's main line were being fully restored, the railway detoured a number of its trains on the south western part of its network and was assisted by CN and other carriers over the weekend.
"Considering the devastating impacts to thousands of people and property that this extreme weather left in its path, I commend the resiliency and dedicated efforts of all our CP railroaders, who safely worked to get our network back in service so quickly," said CP Chief Executive Officer, E. Hunter Harrison, who noted during the four-day period, crews responded to over forty individual locations impacted by high water in both Alberta and the British Columbia interior.
"The force and extent of this flooding was extensive and evolved from hour-to-hour. As locations were identified, CP crews responded with equipment and resources and carefully managed to safely and systematically restore each outage," said Harrison.
Harrison continued, "Despite the significant recovery efforts and interruption to railway operations, CP maintains its previously provided guidance for 2013."
Note on Forward-Looking Information
This news release contains certain forward-looking statements relating but not limited to our operations, anticipated financial performance, planned capital expenditures, and business prospects. Undue reliance should not be placed on forward-looking information as actual results may differ materially.
By its nature, CP's forward-looking information involves numerous assumptions, inherent risks and uncertainties, including but not limited to the following factors: changes in business strategies; general North American and global economic, credit and business conditions; risks in agricultural production such as weather conditions and insect populations; the availability and price of energy commodities; the effects of competition and pricing pressures; industry capacity; shifts in market demand; inflation; changes in laws and regulations, including regulation of rates; changes in taxes and tax rates; potential increases in maintenance and operating costs; uncertainties of investigations, proceedings or other types of claims and litigation; labour disputes; risks and liabilities arising from derailments; transportation of dangerous goods; timing of completion of capital and maintenance projects; currency and interest rate fluctuations; effects of changes in market conditions and discount rates on the financial position of pension plans and investments; and various events that could disrupt operations, including severe weather, droughts, floods, avalanches and earthquakes as well as security threats and governmental response to them, and technological changes. Other risks are detailed from time to time in reports filed by CP with securities regulators in Canada and the United States. Reference should be made to "Management's Discussion and Analysis" in CP's annual and interim reports, Annual Information Form and Form 40-F.
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