The history of Canada’s rail is the history of regulation. The revenue cap is the most recent example.  |  File photo

Rail regulation acts as drag on sector

The cost of railway infrastructure projects and network acquisition is staggering, yet Canada’s railways weigh these concerns on a regular basis. Rail’s air, trucking and marine competitors have an advantage from the outset in not having to build or maintain infrastructure. Yet rail is resilient. Despite its capital-heavy requirements, rail can withstand under-investment for years. […] Read more