News Release

Celebrating a Decade of Moving Canada’s Economy Forward

The Railway Association of Canada (RAC) closes out 2019 by releasing its latest Rail Trends report – an annual snapshot of Canadian railways’ performance against the past ten years of data.

Key takeaways from the report include:

“This year’s Rail Trends report shows that Canadian railways are now fully recovered from the great global recession of 2008-09, the worst economic shock since the Great Depression. RAC members’ wheels are always turning – moving people, goods, and the Canadian economy,” says Marc Brazeau, President and CEO, Railway Association of Canada.

Brazeau added: “RAC members now move more than 88 million passengers and more than $310 billion in goods in Canada every year. We look forward to working with the government and all Parliamentarians to ensure that important investments in rail continue over the coming decade.”

The full Rail Trends report, reflecting data to the end of 2018, is available at www.railcan.ca. Data for 2019 will be captured in next year’s Rail Trends. Regional/provincial snapshots are also available upon request.

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About the Railway Association of Canada:

The Railway Association of Canada (RAC) represents more than 60 freight and passenger railway companies that move 84 million passengers and $310 billion worth of goods in Canada each year. RAC advocates on behalf of its members and associate members to ensure that the rail sector remains globally competitive, sustainable and, most importantly, safe. Learn more at www.railcan.ca.

Connect with RAC on TwitterFacebook and LinkedIn.

For more information on this release, please contact RAC Communications at: communications@railcan.ca

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