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.
Read more Business News
- Superboat chaseKelowna - 3:56 pm
- Charges laid in Amanda Todd caseBC - 6:59 pm
- Needle used in robberyKamloops - 3:06 pm
- Kelowna man pleads guiltyKelowna - 2:02 pm
|QHR Technologies Inc||1.29||+0.07|
|Anavex Life Sciences||0.375||0.00|
|Copper Mountain Mining||2.35||-0.07|
|Sunrise Resources Ltd||0.025||-0.005|
|Mission Ready Services||0.25||+0.02|
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...
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...
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...