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2012 Rail Trends - Railway Association of Canada

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Infrastructure Investment and Productivity<br />

Additions to property<br />

The figure below shows the industry invested<br />

$1.8 billion in additions to property in 2011, a<br />

year-over-year increase <strong>of</strong> 6.5 per cent. Compared<br />

to 10 years ago, Canadian railways committed<br />

80.7 per cent more to capital spending, reflecting<br />

the desire among rail companies to expand<br />

and maintain their network to improve service,<br />

facilitate the movement <strong>of</strong> trade and support<br />

the growth <strong>of</strong> the Canadian economy. The graph<br />

below shows the sector’s additions to property<br />

over the last 10 years.<br />

2,000<br />

ADDITIONS TO PROPERTY (MILLIONS CAD)<br />

1,000<br />

<strong>2012</strong><br />

0<br />

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011<br />

11<br />

Today, rail is experiencing a renaissance. Cities are implementing<br />

LRT systems. Metropolitan areas are expanding the reach <strong>of</strong><br />

commuter rail service. And at VIA <strong>Rail</strong>, we are working at<br />

improving inter-city rail transportation. We strive to have a<br />

positive and meaningful impact on the lives <strong>of</strong> millions <strong>of</strong><br />

Canadians.”<br />

Marc Laliberté<br />

President and Chief Executive Officer, VIA <strong>Rail</strong> <strong>Canada</strong>

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