The Economy

Canada’s railways move 75 million people and $250 billion worth of goods every year, while relieving road congestion and helping to limit harmful emissions. Rail is safe, reliable, and provides access to national and international markets, enabling Canada to successfully grow and compete in the 21st century.

Canadian Rail, by the Numbers (2012)

  • Jobs
    • 34,629 jobs in the railway sector
    • $2.9 billion in wages
    • 60,000 indirect railway supplier jobs

  • Taxes
  • Every year, Canada's railways contribute:
    • $448 million in fuel, property and sales taxes
    • $159 million in income taxes
    • $158 million in property taxes
    • $170 million in payroll taxes

  • Investment
    • $1.8 billion in capital expenditures
    • Unlike other modes of transportation, Canada’s railways fund and maintain their own infrastructure, and invest about 20 per cent of their annual revenue back into their network.

  • Trade
    • Canada's railways facilitate more than $75 billion in trade


As the voice of Canada’s railway industry, RAC advocates on behalf of its members to ensure that the railway sector remains globally competitive, sustainable, and most importantly, safe. Governments consult with RAC in developing new regulations, rules and standards, and the association works to encourage regulatory stability and certainty, investment and growth

 

©2014 The Railway Association of Canada. All rights reserved.

Interchange Magazine

Our quarterly magazine, Interchange, provides an in-depth perspective on the vast array of critically important issues facing our more than 50 freight and passenger railways and is an important link to our suppliers, customers, related industry associations, friends, allies, government officials and community leaders. We invite you to explore the newly designed RAC Interchange Magazine... MORE >