Monday, July 28th29.2°C
21452
22156

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




Recent Trending




Today's Market
S&P TSX15445.22-9.82
S&P CDNX1019.752.31
DJIA16982.5922.02
Nasdaq4444.909-4.655
S&P 5001978.91+0.57
CDN Dollar0.9260+0.0013
Gold1305.20+2.10
Oil101.67-0.42
Lumber322.10-3.40
Natural Gas3.751-0.03

 
Okanagan Companies
Pacific Safety0.195+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.150.00
Cantex0.065-0.005
Anavex Life Sciences0.265-0.01
Metalex Ventures0.08+0.01
Russel Metals35.15-0.21
Copper Mountain Mining2.97+0.15
Colorado Resources0.225+0.015
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.02-0.03
Mission Ready Services0.19+0.01

 





FEATURED Property
2007909214 - 2440 Old Okanagan Hwy.
4 bedrooms 3 baths
$298,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Take charge of your debt

Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...

_








Member of BC Press Council


22707