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CN and CP have begun to levy a carload surcharge on crude shippers in an effort to encourage them to upgrade their rolling stock.
CN and CP have begun to levy a carload surcharge on crude shippers in an effort to encourage them to upgrade their rolling stock.
(J.P. MOCZULSKI/REUTERS)

TRANSPORTATION

As the rail safety shift gathers steam, who profits?

The pipeline industry is fond of saying that it is to this century what the railways were to the past two – that its expansion binds the country together, and enables the sharing of generous natural resource wealth.

It has become clear, though, that the railways aren’t ready to cede their position. Canadian Pacific Railway Ltd. and Canadian National Railway Co. enjoy growing economic might as long as proposals to build oil pipelines plod along without resolution and even as regulators and the public fret about the safety of shipping crude by rail.