CTA updates information used for the Maximum Revenue Entitlement Program

May 01, 2024

The Canadian Transportation Agency (CTA) has released its Volume-Related Composite Price Index (VRCPI) for the railways.

The VRCPI was increased by 5.39 per cent for CN to 1.9281 and 6.49 per cent for CPKC to 1.8760 for the new crop year beginning August 1st.

The index is an inflation factor determined by detailed railway submissions and reflects a composite of the forecasted prices for railway labour, fuel, material, and capital purchases.

The VRCPI is used as part of the CTA's Maximum Revenue Entitlement determinations, which limit the overall revenue earned by CN and CPKC for shipping regulated grain.

For more information on the CTA's maximum revenue entitlement determinations since 2000, click here.

Source : Pembinavalley online

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

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