The government is set to review the act next year, but this needs to be done now. We cannot wait another year. The act must be amended immediately to compel railways to enter into service contracts with shippers and have meaningful performance standards in place. Should railways fail to meet these standards, meaningful penalties should apply.
I'll skip to the last point since you have the written thing.
In conclusion, rail companies must be part of an efficient grain transportation system in Canada, which requires both improved human resources and the infrastructure in place to make it happen. Canada is expected to double its grain production by 2050 to help feed the world. Prairie grain farmers are ready to do their part, but this will be meaningless unless the other players in the grain transportation system step up and meet this goal.
We are recommending revision to the Fair Rail Freight Service Act with more enforceable capability on performance standards, addressing accountability, service contracts, premiums, and penalties.
I'd like to thank you for providing us the opportunity to speak to the committee today. We will gladly answer any questions you have.