Photo: CN

Railways blast past revenue cap

Grain moved was up 60 per cent from last season on drought recovery

Reading Time: < 1 minute Canada's two big railways will have a $7.1 million Christmas present for the Western Grains Research Foundations following a ruling they exceeded their revenue caps in 2022-23.

Photo: CN

Record amount of grain moved, CN goes over revenue limit

Reading Time: < 1 minute The Canadian Transportation Agency (CTA) recently ruled that Canadian National Railway exceeded its maximum grain revenue entitlements for the 2020/21 crop year. Meanwhile, the CTA stated that Canadian Pacific was under its entitlement. The CTA’s report stated that CN’s revenue from transporting Western Canadian grain was nearly C$1.045 billion and was C$2.4 million over its […] Read more