Tom Jackson Hunger Strike DAy 30...
"The Canadian Press
2015-03-30
Ottawa doesn't renew grain requirements
CN Rail said it supports the federal government's decision not to renew minimum weekly grain volume requirements for the country's two largest railways.
The Montreal-based railway (TSX:CNR), which has been critical of government intervention in the matter, said the supply chain to move grain now is "fully back in synch" as it continues to move grain from the 2014/2015 crop year.
Canadian Pacific Railway (TSX:CP), headquartered in Calgary, said it will continue to move Canadian grain "consistent with demand from its customers."
Transport Minister Lisa Raitt and Agriculture Minister Gerry Ritz announced Saturday that the government wouldn't extend the unprecedented step taken a year ago to impose minimum grain volumes, adding that grain now is moving adequately through the system and the new grain crop is of average size.
Faced with complaints about a backlog following a bumper crop, Ottawa initially imposed minimum weekly volume requirements for 90 days.
It then enacted the Fair Rail for Grain Farmers Act in May that, among other things, required the railways to move at least 500,000 tonnes per week until the end of the 2013-14 crop year. The minimum threshold was subsequently raised to 536,250 tonnes and extended to March 28.
CN and CP moved more than 50 million tonnes of grain in 2014, exceeding the minimum volume requirement by 5.5 million tonnes.
Western Canadian shipments from ports are 31 per cent higher than in 2013 and 25 per cent higher than the five-year year average, the government said in a news release."
While western grain growers have contracts delayed in 2015... for months... while CNCP have never made more money in the history of their Railroads... (CP nearly 1B$... the most profitable product hauled by their trains) Canadian Grain growers are loosing over $5B from the reduction in services to gain railroad profit... in the same time frame oil shipments have expanded exponentially.
In Jackson v CNCP... the Alberta COurts clearly placed the run away profit issue back in the governments court... individual grain growers (as well as class action attempts) will be smothered by the millions of $$ of defending lawyers... to use 10 unit freight trains locomotives to squash any flea/graingrower that might want reasonable service and costs from CNCP.
AS Grain Growers in Western Canada... our marketing costs rose 10 times more... than CNCP profits did.
I object.
Canada lost... at a great cost... while CNCP shareholders lined their pockets.
CNCP... Please take the 'writ of execution' off western Canadian Grain farms you have enforced with impunity!
Sincerely,
Thomas R Jackson
"The Canadian Press
2015-03-30
Ottawa doesn't renew grain requirements
CN Rail said it supports the federal government's decision not to renew minimum weekly grain volume requirements for the country's two largest railways.
The Montreal-based railway (TSX:CNR), which has been critical of government intervention in the matter, said the supply chain to move grain now is "fully back in synch" as it continues to move grain from the 2014/2015 crop year.
Canadian Pacific Railway (TSX:CP), headquartered in Calgary, said it will continue to move Canadian grain "consistent with demand from its customers."
Transport Minister Lisa Raitt and Agriculture Minister Gerry Ritz announced Saturday that the government wouldn't extend the unprecedented step taken a year ago to impose minimum grain volumes, adding that grain now is moving adequately through the system and the new grain crop is of average size.
Faced with complaints about a backlog following a bumper crop, Ottawa initially imposed minimum weekly volume requirements for 90 days.
It then enacted the Fair Rail for Grain Farmers Act in May that, among other things, required the railways to move at least 500,000 tonnes per week until the end of the 2013-14 crop year. The minimum threshold was subsequently raised to 536,250 tonnes and extended to March 28.
CN and CP moved more than 50 million tonnes of grain in 2014, exceeding the minimum volume requirement by 5.5 million tonnes.
Western Canadian shipments from ports are 31 per cent higher than in 2013 and 25 per cent higher than the five-year year average, the government said in a news release."
While western grain growers have contracts delayed in 2015... for months... while CNCP have never made more money in the history of their Railroads... (CP nearly 1B$... the most profitable product hauled by their trains) Canadian Grain growers are loosing over $5B from the reduction in services to gain railroad profit... in the same time frame oil shipments have expanded exponentially.
In Jackson v CNCP... the Alberta COurts clearly placed the run away profit issue back in the governments court... individual grain growers (as well as class action attempts) will be smothered by the millions of $$ of defending lawyers... to use 10 unit freight trains locomotives to squash any flea/graingrower that might want reasonable service and costs from CNCP.
AS Grain Growers in Western Canada... our marketing costs rose 10 times more... than CNCP profits did.
I object.
Canada lost... at a great cost... while CNCP shareholders lined their pockets.
CNCP... Please take the 'writ of execution' off western Canadian Grain farms you have enforced with impunity!
Sincerely,
Thomas R Jackson
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