The Economy


Canada’s railways move more than 75 million people and more than $280 billion worth of goods each 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 railways, by the numbers (2014)

  • Jobs
    • 32,681 jobs in the railway sector
    • $3.0 billion in wages
  • Taxes
    • $430 million in fuel, property and sales taxes
    • $462 million in income taxes
    • $154 million in payroll taxes
  • Investment
    • $1.8 billion in capital expenditures each year
    • Canada’s railways invest roughly 20 per cent of their annual revenues into their infrastructure each year - more than $20 billion since 1999 - to ensure safe, reliable and efficient service.

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.

 

 


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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 >