A glut of new ocean liners combined with a slowdown in international trade has sent freight rates plummeting.  |  File photo

Industry backbone needs muscle to work

The railways have been claiming that Bill C-52, the Fair Rail Freight Service Act, is unnecessary, stifles innovation and puts the “engine of the country’s economic growth at risk.” Canadian National Railway chief executive officer Claude Mongeau declared this fall that it is “best for the Canadian government to stick with a commercial approach to […] Read more

The price of bread

Last week, Russia banned exports of wheat due to the drought conditions that have been ravaging the country. Many people have expressed concern about how an export ban from such a large player in the wheat market would affect the price of food. Wheat prices are up 50 percent since June, and now we are […] Read more