Source: Brian Cross, The Western Producer, November 3, 2017
A federal bill aimed at improving Canada’s transportation systems and ensuring better rail service for shippers passed third reading in the House of Commons Wednesday and is off to the Senate.
If passed, the Transportation Modernization Act will provide greater certainty for western Canadian grain shippers that depend on Canadian railway companies to transport grain to export terminals or North American destinations.
Observers say a key component in the act are provisions that support the use of reciprocal financial penalties in service level agreements between shippers and railway companies.
Image Source: The Western Producer