Quote:
Originally Posted by Policy Wonk
I wouldn't think so - because I don't recall the CPR having anything to do with the remediation. But were talking ~1990 here - it isn't fresh in my mind.
|
Just because they are related companies (CPR and Canadian Creosote) doesn't mean they are responsible for each other's remediation costs. Canadian Creosote goes into bankruptcy? You can't chase after CPR to pay for remediation because they are separate (but related) companies.
CP Rail also used to have CP Ship and CP Air as separate, but related companies. If a CP Air plane crashed & insurance wouldn't cover all the damages, you can't then go after CP Rail or CP Ship to cover the uninsured damages.