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Crops, Machinery & Shop

Cost index for railways’ grain revenue cap gets boost

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The loonie’s decline since last year has led federal regulators to dial up the index guiding how much money Canada’s big two railways get to keep from hauling Prairie grain. The Canadian Transportation Agency (CTA) announced Friday it will raise its volume-related composite price index (VRCPI) by 4.8 per cent, to 1.3275, for the 2016-17 […] Read more
Crops, Machinery & Shop

Debate: Sask. ag leaders seek rail response

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If there’s one thing all Saskatchewan’s political parties can agree on, it’s that the current rail system isn’t working for grain producers — but there’s less consensus on the solutions. Transportation is the single most important issue facing grain growers in Saskatchewan right now, said Cathy Sproule, the provincial New Democrats’ ag critic, during an […] Read more
Crops, Machinery & Shop

CN to challenge latest grain revenue penalty

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Ordered to hand over more than $7 million in Prairie grain handling revenue and related fines for the 2014-15 crop year, Canadian National Railway now plans to challenge the bill in court. Montreal-based CN on Monday filed in the Federal Court of Appeal, seeking leave to appeal the Canadian Transportation Agency’s (CTA) Dec. 29 finding […] Read more
Crops, Machinery & Shop

CN, CP both over revenue limits for 2014-15 grain haul

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Canada’s big two railways will both be required to hand over seven figures in Prairie grain revenue from the 2014-15 crop year after taking in more than their federally-allowed maximums. The Canadian Transportation Agency on Tuesday ruled Canadian National Railway and Canadian Pacific Railway (CN, CP) exceeded their grain revenue entitlements for the crop year […] Read more
Crops, Machinery & Shop

CN overshoots 2013-14 grain handling revenue cap

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The Western Grains Research Foundation will get a $4.98 million gift this season from Canadian National Railway, but not out of holiday spirit per se. The Canadian Transportation Agency on Thursday ruled CN, during the 2013-14 crop year, exceeded its maximum allowable revenue from Prairie grain handling by $4,981,915, above its previously set “entitlement” of […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending February 14, 2020.

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