Food Industry
Industry: Email Alert RSS FeedRailway Monopoly Costing W. Cdn Producers, Review Sought.
Resource News International, March, 2008
Byline: Dwayne Klassen, Resource News International
WINNIPEG, MB, Mar 25, 2008 (Resource News International via COMTEX) -- Canada's two main railway companies have been enjoying record profits and have achieved that success with their monopoly over Western Canadian producers, according to an independent study commissioned by the Canadian Wheat Board and other Canadian farm organizations.
The groups want the railways to stop this practice and have called on the Government of Canada to conduct a full rail costing review. The last full rail costing review was done in 1992.
A full rail costing review was called for as the numbers used to calculate revenue caps for grain freight are significantly out of date and fail to account for major...
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