Prominent business leader Paul Haggis joins move to revamp CP Rail board

Pershing Square Capital Management has lined up another prominent Canadian business leader in its efforts to shake up management at Canadian Pacific Railway Ltd., which include a campaign to replace current CEO Fred Green.

Ackman steps up the pressure on CP

U.S. investor activist Bill Ackman is stepping up pressure on Canadian Pacific Railway Ltd., naming a former head of Alberta Treasury Branches as the sixth nominee to an alternative slate for the freight carrier’s board of directors.