The Western Canadian Wheat Growers are supporting the merger of the Canadian Pacific and Kansas City Southern Class 1 rail lines.
In a news release, the organization says providing rail coverage from coast to coast in Canada, the US and Mexico will benefit the seamless movement of raw resources and finished goods throughout North America.
“The CP/KCS rail system now ensures that Canadian grain has a growing market to ship to. This is a win:win for grain farmers, grain traders, value added industries and consumers,” said Chair Daryl Fransoo.
The group adds connecting all of the North American participants in the grain market ensures that there is improved reliability, competition and capacity all across North America, adding this will enhance economic opportunities, especially with the new CUSMA trade agreement and as the global economy begins to emerge from the COVID-19 pandemic.
“Combining the east – west Canadian flow of grain, with the north – south opportunities, provides new markets for Western Canadian grain. With access to all the major ports in North America, it will be even easier to move Canadian grain to all the global markets,” commented Director Mitch Hochhauser.