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![]() ![]() CTA Home :
Media : News Releases and Media Advisories : 2005 News ReleaseWestern Grain Revenue Cap Price Index Increased for Crop Year 2005-2006OTTAWA - April 28, 2005 - The Canadian Transportation Agency, in The Agency's Decision for 2005-2006 reflects a revised "weighting" of the cost components that are taken into account when establishing the index. The revised weights were derived based on 2002 system-wide data and were "price updated" to crop year 2004-2005. The impact of using the revised weights was to lower the volume-related composite price index by The revenue cap applies to the movement of grain by prescribed railway companies from Prairie elevators to terminals at Vancouver, Prince Rupert, Thunder Bay and Churchill. In the course of establishing the volume-related Composite Price Index, the Agency consulted with parties in the grain handling and transportation industries including producer representatives, the Canadian Wheat Board, shipper organizations, railway companies, grain companies and federal, provincial and municipal governments. The current "revenue cap" regime, which came into effect on The Canadian Transportation Agency is a Government of Canada -30- For more information, please contact: Jim Riegle To keep up-to-date with our latest news releases and other information, subscribe to our electronic mail service. |
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