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The Agency’s rail mandate includes licensing rail carriers;<br />

approving railway line construction; setting the Maximum<br />

Revenue Entitlement for moving Western grain; establishing<br />

financial and costing frameworks for certain railways,<br />

setting interswitching rates; establishing net salvage value;<br />

dealing with noise and vibration and providing dispute<br />

settlement services. Are any big changes in the cards?<br />

When it comes to the Agency’s mandates and possible<br />

changes to the legislation, that’s a matter for the government,<br />

the Minister and Parliament. However, there are several<br />

topics in the public domain. Among them are three additions<br />

to our toolkit that we think would help modernize our ability to<br />

be effective as a regulator.<br />

Performance information<br />

The Canada Transportation Act review called for a<br />

much more robust approach to collecting and sharing data<br />

on system performance in Canada. Not just rail system<br />

performance, but transportation in general.<br />

The U.S. Surface Transportation Board has enshrined in its<br />

legislation the right to gather and disseminate data, and we<br />

indicated in our annual report that having the ability to do so<br />

would be very helpful to us in discharging our mandate.<br />

I know that railway companies, among others, have<br />

expressed concern that going too far down this road might<br />

have some impacts on competitiveness. If there’s a decision<br />

to move in this direction, it will be important to<br />

build-in safeguards.<br />

Let us optimize your<br />

supply chain network.<br />

Connecting industry to Class 1 railways.<br />

Industrial Rail Switching & Material Handling<br />

Terminal & Transload Services<br />

Track Construction & Maintenance<br />

Railcar Repair<br />

Versa-Bite ®<br />

sales@versasteel.com<br />

www.PILETIPS.com<br />

Railcar Storage<br />

Rail Reclamation & Material Sales<br />

Short Line Railway Operations<br />

info@candoltd.com<br />

Toll-Free 1-866-989-5310<br />

candoltd.com<br />

845232_Cando.indd Interchange 1| Spring / Printemps 2017<br />

13/12/16 4:34 844970_Versa.indd pm<br />

1<br />

11/21/16 12:59 PM

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