The Economy

Rail moves 74 million people and more than 70 per cent of all non-local surface goods valued at more than $250 billion every year, while relieving road congestion and helping 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 Rail jobs
    • $2.9 billion in wages
    • 60,000 indirect Rail supplier jobs

  • Taxes
    • $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
    • Unlike other modes, Rail provides and maintains its entire infrastructure and invests about 20 per cent of revenue (on average, every year) back into its network. Rail is the most capital-intensive industry in Canada.

  • Trade
    • Facilitates more than $75 billion in trade



RAC is an authority on issues concerning Canadian Rail and the trusted body Government consults in establishing Regulations and standards. This partnership creates a constructive environment and helps ensure that Rail is safe, secure, competitive and accessible. Regulatory stability and certainty help build an economic model in which significant investments can be confidently made.

 

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Rail Trends

The Railway Association of Canada's Rail Trends provides a ten-year composite of financial and operating statistics for a comprehensive review of the business of transporting goods and people by rail in Canada. This review covers virtually all interveners of rail - the Class 1s, regional freight companies, short lines, intercity passenger, commuter and tourist train... MORE >