CN & CP Under Maximum Grain Revenue Entitlements For 2018/19 Crop Year

Dec 30, 2019

The Canadian Transportation Agency (CTA) has ruled that revenues for CN and CP Rail were below their maximum grain revenue entitlements for the 2018 - 2019 crop year.

This means no overage-related payouts or penalties were assessed.

CN's grain revenue of $933,357,710 was $371,116 below its entitlement of $933,728,826. CP's grain revenue of $862,734,965 was $764,101 below its entitlement of $863,499,066.

CN and CP moved 13.4% more grain this crop year.

In the 2018–2019 crop year, 46,060,737 tonnes of Western grain were moved under the MRE program.

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