Canada Extends Rail Movement Mandates
OTTAWA - Nov 30/14 - SNS -- The Canadian government extended its mandated grain movement volumes for Canadian railways through the end of March.
Under the new mandates, Canadian National Railway Company and Canadian Pacific Railway Company must each move the following amounts of grain:
- 345,000 metric tons (MT) per week between November 30 and December 20
- 200,000 MT per week between December 21 and January 3, 2015
- 325,000 MT per week between January 4 and February 21
- 345,000 MT per week between February 22 and March 21
- 465,000 MT per week between March 22 and March 28
The Order maintains direct legal obligations on railway to move grain and could result in penalties for non-compliance of up to $100,000 per violation. The requirement for railways to report on demand and volume remains in effect.
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