Thursday, April 17th10.2°C
20923

Grain backlog prompts Ottawa to keep closer tabs on rail companies: Ritz

WINNIPEG - A transportation bottleneck that has left a bumper crop of grain still sitting in some fields is prompting Ottawa to keep closer tabs on rail companies.

Agriculture Minister Gerry Ritz says he is changing grain monitoring so that rail companies will have to report monthly on their performance.

Right now, rail companies report every three months.

Ritz says railways know they can do better and he suggests increased transparency will help pinpoint problems as they arise.

Gordon Bacon, CEO of Pulse Canada, says he would like to see the new rules in place this year.

Frustrated farmers have been calling for action about a backlog of wheat and other crops building up outside jammed grain elevators.

The Canadian Press


Read more Business News

21115


Recent Trending




Today's Market
S&P TSX14500.39+53.87
S&P CDNX998.770.80
DJIA16408.54-16.31
Nasdaq4095.516+9.291
S&P 5001864.85+2.54
CDN Dollar0.9088+0.0004
Gold1293.80-9.2999
Oil104.59+0.83
Lumber326.10-2.70
Natural Gas4.735+0.205

 
Okanagan Companies
Pacific Safety0.115+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.29+0.07
Cantex0.055+0.01
Anavex Life Sciences0.3750.00
Metalex Ventures0.08+0.005
Russel Metals30.66+0.11
Copper Mountain Mining2.35-0.07
Colorado Resources0.255-0.01
ReliaBrand Inc0.12-0.01
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.25+0.02

 
19691


20304

FEATURED Property
15695013052 McNair Road
4 bedrooms 2 baths
$395,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Time spent prospecting

How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...


Valuation fears grip markets

The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...


Quick and nimble

Photo: ContributedFor many businesses this has been a tremendously difficult time since the 2008 crisis. Business fell off. Sales techniques that always worked, well… stopped working. Customers...

_



21604

21604


Member of BC Press Council


21202