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This enactment replaces the regulation of maximum rates for the
movement of grain with the regulation of maximum revenues that the
Canadian National Railway Company, the Canadian Pacific Railway
Company and any other railway company that may be prescribed may
earn for the movement of grain. Tariff rates for single car movements
of grain originating on branch lines will not be allowed to exceed main
line tariff rates for similar movements by more than three per cent.
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The enactment revises the final offer arbitration provisions to
provide for the simultaneous submission of offers, the option to use
three arbitrators, and a streamlined process for disputes valued at less
than $750,000. Provisions for branch lines are being amended to
provide longer notice and negotiation periods when a railway company
plans to discontinue service on a line and to provide remedies if parties
do not negotiate the transfer of a line in good faith. Additional remedies
are being provided in the event a railway company does not fulfill its
level of service obligations for grain-dependent branch lines. Railway
companies will be required to provide annual compensation to local
municipalities for three years equal to $10,000 per mile when service
is discontinued on a grain-dependent branch line.
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The enactment authorizes the Minister to provide information to a
third party for the purpose of monitoring the grain handling and
transportation system.
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