GFM Network News

Railway raise of 9.5 per cent for hauling grain highlights need for review

Invest Grain farmers will be paying more so investors are attracted to CN and CP shares

Reading Time: 3 minutes Recently the Canadian Transportation Agency (CTA) announced that Prairie grain farmers will pay 9.5 per cent more to ship their grain. Based on the 2011 total freight bill under the revenue cap of $952 million, a 9.5 per cent increase means another $90 million straight out of the pockets of Prairie farmers. Based on 31 […] Read more