The old cwb and the asset base

[bucket]

So with the announcement that the final payment will be delayed for whatever reason, it got me thinking about the assets of the old cwb.

The rail cars - what happens to them?agstar says they are sitting doing nothing north of winipeg.

The building in downtown Winnipeg?

The new cwb can't be using those assets for free. They have to be paying someone for the assets they don't own.

If farmers don't market grain through the new cwb, how do they get a return on the previous 20 years of deductions for the asset base?

What do most think should happen to the asset base?

I think they should put a value on it, transfer the debt to the new cwb and pay out all farmers.

Any suggestions?

Rail cars are probably worth 75 million.
The building I can't answer.
The remaining talent pool - 0 goose egg.

[Hopperbin]

My thinking is too many vultures picking at them. Canpotex is an example of potash producers working together. They have their own cars, storage facility, ships and soon to be a new port on the west coast. Its peanuts anyway what you could get so let the new CWB have it. Auction? Half mile of track and 50 cars and a winch would make a great grain handling system.

[bucket]

If the railcars could be used to actually lower freight rates that would be great.

I don't understand how the railways only have to hook on with a locomotive and pull 10000 tonnes to the west coast can be paid 35 bucks a tonnes. And the shippers don't get together and tell them their rates are too high.

It wasn't long ago the railways implemented fuel surcharges when diesel went up and they hadn't covered their fuel costs. The rate never came off when fuel went back down.

Joint running rights should effectively put some new and better players in the game. For those of you that are naysayers and it can't work. I will give you a prime example of how to fix it - west jet and air canada. Figure it out.

[LWeber]

Bucket:

The property and equipment values are in the Annual report in Note 12 - page 83 of the full report.

Its 4 MB.

http://cwb.ca/public/en/about/investor/annual/

[Burbert]

The gobermont, RITZ and HARPER seized,
stole everything from stupid Comedian
framers. In return Comedian framers got
marketing freedom. You have to pay fer
freedom in Comedia!!!!!