During a recent roundtable discussion, Canadian Pacific Railway Limited (CP) told the Canadian federal Ministers of Agriculture and Transport that the railroad is prepared to move this year's Canadian grain crop to market. The roundtable allowed the ministers to hear directly from companies and stakeholders across the grain supply chain.
"Today was a great opportunity to sit down with Minister MacAulay and Minister Garneau to highlight our plans for this upcoming crop year and show how we are dedicated to grain," stated Joan Hardy, CP vice president sales and marketing grain and fertilizer. "Through strategic investments, on-going collaboration and communication, and significant planning, we have built the foundation for continued success in grain."
During the 2017-2018 crop year, CP moved 25.8 million metric tons (MMT) of western Canadian grain and grain products, soybeans and other non-regulated principal field crops This was an increase of 1 percent over the 2016-2017 crop-year and 1 percent over its three-year average.
CP published a detailed plan to move this year's crop in a letter to Minister of Transport, Marc Garneau, on July 31, 2018. The railroad is spotting approximately 5,500 hopper cars for Canadian grain weekly through the fall, until the closure of the Port of Thunder Bay on the St. Lawrence Seaway. CP plans to target approximately 4,000 cars per week when the seaway closes.
CP reiterates its call for all participants in the supply chain to operate 24/7 through the busy fall period, and to maintain open lines of communication with one another.