So Ritz is thinking of letting the order in council expire for grain movement? Let's see, grain movement was horrible all winter with over $2 basis levels which meant billions of lost wealth. 'Coincidentally', as the weather warms up, he brings in an OIC to mandate grain movement, which would have moved anyways with spring weather. When the RRs didn't make the targets, he says he would fine them but didn't give an amount, and then quietly changes the fines from $100,000/day to $100,000/week, both of which are chickenfeed even relative to just the salary of their CEO, let alone compared to the magnitude of the corporations. Now that winter is coming, he is removing the OIC which will let RRs and grain companies screw us on basis again. All his 'action' really did nothing and did not make any changes to how rail service and rail investment should/could improve in future years.
Very disappointing. All politics, absolutely no long term policy. Makes it looks like he did something for the urban media and for cabinet but absolutely nothing long term.
Very disappointing. All politics, absolutely no long term policy. Makes it looks like he did something for the urban media and for cabinet but absolutely nothing long term.
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