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Tag Archives revenue cap

Crops, Machinery & Shop

Railways overshoot grain revenue limits for 2019-20

Grain revenues run $5.3 million over caps, CTA rules

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Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian Transportation Agency (CTA) on Dec. 22 ruled Canadian National Railway (CN) and Canadian Pacific Railway (CP) each overshot their maximum revenue entitlements (MREs) for the […] Read more
Crops, Machinery & Shop

Early reviews positive for grain transportation bill

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Long-awaited amendments to the Canada Transportation Act that Prairie grain farmers and shippers hope will result in better rail service were tabled Tuesday in the House of Commons. At press time Tuesday farm organization and grain company officials were still assessing Bill C-49, which also deals with other transportation issues, including air travel. At first […] Read more
Crops, Reuters

Ottawa to keep revenue cap on grain shipments by rail

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Ottawa | Reuters — The Canadian government introduced draft legislation on grain transportation on Tuesday that would keep in place a revenue cap on western grain that railways haul for export. The grain revenue cap, or “maximum revenue entitlement” (MRE), has been in place since 2000 and is intended to balance the market power of […] Read more
Crops, Machinery & Shop

Saskatchewan presses for rail interswitching, revenue cap

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Farm stakeholder groups and Prairie provincial agriculture ministers got their chance Thursday to bring their concerns about grain transportation by rail to the federal minister responsible. Federal Transport Minister Marc Garneau and Agriculture Minister Lawrence MacAulay held a roundtable meeting with grain sector representatives Thursday in Saskatoon, and met also with the Prairies’ agriculture ministers. […] Read more
Crops, Reuters

Railways urge Ottawa to loosen grain hauling rules

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Winnipeg | Reuters — Canada’s big railways are pressing Ottawa to loosen rules around hauling the country’s crops — changes they say would improve efficiency but that farmers fear would weaken their bargaining power. A February report recommended that Ottawa institutes transportation system changes, including phasing out a 16-year-old cap on revenue that Canadian National […] 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

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