6 Rail Transportation

MAJOR EVENTS IN 2002

Due to a grain harvest significantly below historical levels in 2002, Canadian railways saw movements of grain drop by about 24 per cent from 2001.

The first Grain Monitor Report was issued in June 2002. General observations were that significant reductions in rail car cycle times were experienced, while rationalization of the elevator system continued at a high pace.

Overall traffic levels declined by almost two per cent in 2002. Rationalization activity and changes in industry structure were again minimal.

As a result of interest in ensuring border security, U.S. Customs proposed that scanning equipment be installed at each major rail border crossing point. Rail carriers expressed concerns over resulting potential border delays and operational difficulties.

Major Events in 2002

Infrastructure

Industry Structure

Employment

Energy

Freight Transportation

Passenger Traffic

Price, Productivity and Financial Performance