Richard Cannings at the Agriculture and Agri-Food Committee

On December 5th, 2024. See this statement in context.

December 5th, 2024 / 8:55 a.m.

NDP

Richard Cannings NDP South Okanagan—West Kootenay, BC

Thank you all for being here.

This is a new subject for me, so I'm trying to wrap my head around it. It seems the main issue you're all concerned about is competition with BNSF, which is operating under a regulation-based, cost-based rate, while you're using average market rates.

I'm going to start with Mr. Cato of CPKC.

I assume BNSF is forced to offer a cost-based rate because it's regulation-based. Does CPKC operate under that as well? Is this an American regulation?

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