Summary:
In April 2022, the volume of cargo carried by Canadian railways was 31.3 million tonnes, edging down 1.2% from April 2021 and marking the eighth consecutive month of year-over-year decline.
Overall freight volume remained near the five-year monthly average of 31.4 million tonnes, with increases in loadings of energy products offsetting the ongoing steep declines in grain shipments.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/220621/dq220621e-eng.htm
2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
3. AGENDA
• Transportation Shipments
• % change in Transportation Shipments
• Government Policies / Rules
• Global Ranking / Quality of Infrastructure
• Global Ranking / Quality of Supply Management – Infrastructure
• Analytics / Rail Safety
• Blog – CN Rail
• Climate Change – Rail
• Summary
4. CAR LOADING / RAIL
SOURCE -
HTTPS://WWW150.STATCAN.GC.CA/N1/
DAILY-QUOTIDIEN/220621/DQ220621E-
ENG.HTM
11. AIR TRANSPORTATION ACT
Source - https://www.mccarthy.ca/en/insights/articles/bill-c-49-shakes-air-transportation-law-canada
With the adoption of bill C-49, the terms of these exemptions have now become law and the CTA’s foreign
ownership cap has passed from 25% to 49%. That said, a single foreign corporation or entity can only own up to
25% of the voting interests, and any number of foreign airlines may together own a total of 25% of the voting
interests of a “Canadian” airline. In addition, bill C-49 does not modify the CTA’s requirement that notwithstanding
any foreign participation, a “Canadian” entity must be “controlled in fact” by Canadians.
With the adoption of bill C-49, the CTA requires that the Agency make regulations establishing a new airline
passenger rights regime. The regulations will govern flights to, from and within Canada, including connecting
flights, and will specify the requirements governing a carrier’s obligations in the case of flight delay, cancellation or
denial of boarding, as well as minimum standards of treatment, compensation and assistance in completing the
planned itinerary.
12. RAIL TRANSPORTATION ACT
Source - https://www.mccarthy.ca/en/insights/articles/bill-c-49-brings-important-changes-rail-transportation-
canada
• More reporting on shipments
• Ownership rules changes to CN
• Improvements to monitoring of Rail Systems (i.e. black box)
• Inter switching rate changes
19. SUMMARY
• For the first quarter of 2022, the cumulative volume of goods moved by rail totalled 85.1 million
tonnes. This was a decline of 9.0% from the first quarter of 2021, and the lowest cumulative first
quarter total since 2016.
• March's decline in total rail freight was attributable to lower volumes of domestic loadings, both
non-intermodal (mainly commodities) and intermodal (mainly containers). There was also a
short labour disruption at one rail carrier during March.
Blog – Rail Safety and Rail Transportation Sector – Canada
Rail Car loadings -
April 2022.pdf
Table 1 Railway
Occurrence and Casualty - Monthly rail occurrence statistics - April 2022 - Transportation Safety Board of Canada.pdf
Summary:
I n Ap r il 2022, t h e vo lu m e o f car g o car r ied b y C
an ad ian r ailw ays
w as 31.3 m illio n t o n n es, ed g in g d ow n 1.2% f r o m Ap r il 2021 an d
m ar kin g t h e eig h t h co n secu t ive m o n t h o f year -over -year d eclin e.
Over all f r eig h t volu m e r em ain ed n ear t h e f ive -year m o n t h ly
aver ag e o f 31.4 m illio n t o n n es, w it h in cr eases in load in g s o f
en er g y p r o d u ct s o f f set t in g t h e o n g o in g st eep d eclin es in g r ain
sh ip m en t s.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/220621/dq220621e-eng.htm
Ten years after
Timmins 9 wildfire, province has yet to recover millions from CN Rail CBC News.pdf
CN Rail Announces
New Investments; Workers Go on Strike.pdf
CN to Invest $335
Million in Quebec Enabling Sustainable.pdf
Japan on Alert for
Greenwashing as It Lends $40 Billion for ESG - BNN Bloomberg.pdf
CN to Invest $390
Million in British Columbia Enabling.pdf
Canadian Minister of
Transport announces new measures to improve track conditions - Railway Track and Structures.pdf
Railway crossing and
trespassing fatalities quadruple in April.pdf
Maersk expanding
supply chain distribution capacity in Canada AJOT.COM.pdf
The Ports of
Montréal, Québec and Trois-Rivières look to jointly strengthen the St. Lawrence Corridor - DredgeWire DredgeWire.pdf
Sen. Cramer Rail
Companies Issue Status Reports on Grain Car Backlog.pdf
Transit ridership will
take time to recover from pandemic.pdf
Rail Insider-At BNSF,
'Orange is the New Green.' The Class I aims to cut emissions 30_ by 2030. Information For Rail Career P
1. ESG / CN - https://www.globenewswire.com/news-release/2022/06/20/2465333/0/en/CN-to-
Invest-335-Million-in-Quebec-Enabling-Sustainable-Growth-Improving-Capacity-and-Advancing-
the-Company-s-Commitment-to-Safety.html
2. Capital investment - https://www.globenewswire.com/news-
release/2022/06/20/2465331/0/en/CN-to-Invest-390-Million-in-British-Columbia-Enabling-
Sustainable-Growth-Improving-Capacity-and-Advancing-the-Company-s-Commitment-to-
Safety.html
3. Rail safety - https://www.rtands.com/safety/canadian-minister-of-transport-announces-new-
measures-to-improve-track-conditions/
4. Rail safety - https://www.operationlifesaver.ca/blog/may-2022/railway-crossing-and-
trespassing-fatalities-quadruple-in-april/
20. TRAINING AND DEVELOPMENT
• If you like to learn more about
trade and/or other subjects as
part of your professional
learning and development
then feel free to review my
material on
https://www.udemy.com/
(search Paul Young CPA CGA)
• These subjects address how
to fixed issues with housing
and/or systemic issues related
to economy including
government policies
Source- https://www.cer-rec.gc.ca/nrg/sttstc/crdlndptrlmprdct/stt/cndncrdlxprtsrl-eng.html or https://www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/statistics/canadian-crude-oil-exports-rail-monthly-data.html or https://www.bst-tsb.gc.ca/eng/stats/rail/2020/08/index.html or https://www.bst-tsb.gc.ca/eng/stats/rail/2021/08/index.html or https://www.bst-tsb.gc.ca/eng/stats/rail/2022/02/r2022-02-t1.html