The Economy


Canada’s railways move close to 82 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 (2015)

  • Jobs
    • 32,958 jobs in the railway sector
    • $3.1 billion in wages
  • Taxes
    • $442 million in fuel, property and sales taxes
    • $775 million in income taxes
    • $171 million in payroll taxes
  • Investment
    • $1.8 billion in capital expenditures

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.

 

 


Connect with the RAC

 

©2017 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 >