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Railways out with news, both hit 52-week highs

Canadian Pacific Railway Ltd. (T.CP) hit a new 52-week high of $56.23; Canadian Pacific and the Canadian Pacific Police Association (CPPA) have announced the ratification of a three-year contract settlement.

The agreement provides for a 6% wage increase for the three years spanning 2010 to 2012. The CPPA are the second of Canadian Pacific's seven bargaining units to ratify the pattern agreement.

Canadian National Railway Co. (T.CNR) hit a new 52-week high of $58.66; VIA Rail Canada wishes to advise travellers that its train services between Winnipeg and Edmonton will be back to normal today.

The services were disrupted due to a Canadian National freight train derailment near Spy Hill, Saskatchewan, December 5th.

VIA apologizes for any inconvenience caused by this disruption. For more information on train schedules, or to book a trip, customers can visit VIA's secure Web site at viarail.ca.

Passengers also can book their tickets by calling 1 888 VIA-RAIL (1 888 842-7245), or 1 800 268-9503 (TTY for the hearing impaired).

Enbridge Inc (T.ENB) hit a new 52-week high of $47.91; no news announcements today

Agrium Inc. (T.AGU) hit a new 52-week high of $68.47; no news announcements today

Grande Cache Coal Corp. (T.GCE) hit a new 52-week high of $4.86; no news announcements today

Alarmforce (T.AF) hit a new 52-week high of $6.58; no news announcements today

Khan Resources Inc (T.KRI) hit a new 52-week high of 63 cents; no news announcements today

IPL Inc. (T.IPI.A) hit a new 52-week high of $4.00; no news announcements today

Imax Corp (T.IMX) hit a new 52-week high of $12.41; no news announcements today

Fortis Inc (T.FTS) hit a new 52-week high of $27.53; no news announcements today