Freight rate battle in Canada

14 October 1999

Freight rate battle in Canada

CANADAS grain farmers and companies are at war with the government over railway freight rates.

The government ended subsidy for transport – which can account for 40% of the cost of moving grain – in 1995 under pressure from international trading partners.

Now the federal government appears likely to embrace further deregulation, as set out in a report published this week.

Farmers fear it will mean a steep rise in freight rates.

  • Financial Times 14/10/99 page 36

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