Saturday, April 22, 2006

Profiting From Disaster

CN had a record number of corporate made disasters last year in Alberta and B.C. Which it still has not paid the communities affected by, nor has it paid the Alberta government for the clean up.

As result of its bottomline operations that led to those disasters, it has a record profit this quarter.
Canadian National profit climbs 21%

Further it plans to continue expanding its computerized operations which led to the problems in the first place.
CN plans to spend $1.5 billion to boost efficiency

But hey ever the good corporate citizen they intend on making a donation to a U.S. hospital. It's a tax write off.
CN donates $1 Million to Le Bonheur Children's Medical Center

But for the folks in Wabamum, Smithers etc., well they get buckus.

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