RAC-Q0217
RAC-Q0217
RAC-Q0217
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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 />
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sales@versasteel.com<br />
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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 />
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