A Review of Canadian Rail Activity in the North American Free Trade Agreement Era

This paper highlights that Canada has benefitted from the shift away from protectionist-based measures and towards multi-lateral trade liberalization. It clarifies the critical role that railways play in facilitating NAFTA’s success and the economic prosperity of Canadians, underscoring the need for future trade policies to be cognizant of the need for a fluid, low-cost, safe and financially healthy rail sector. In terms of the potential decertification of NAFTA, this paper provides a framework for assessing trade flows and forecasting the potential loss of trade revenues for regional economies and railways. While novel and yet to be subject to peer review, the framework’s outputs support the argument that NAFTA’s decertification would have a negative impact on the railway industry and the competitiveness of several Canadian provinces, a view also supported by the investment community.

Language

  • English

Media Info

  • Media Type: Web
  • Pagination: 1 PDF file, 440 KB, 9p.
  • Monograph Title: Canadian Transportation Research Forum 53rd Annual Conference - The Future of Canada's Transportation System//L'avenir du systéme de transport du Canada - Gatineau, Québec, June 3-6, 2018

Subject/Index Terms

Filing Info

  • Accession Number: 01723260
  • Record Type: Publication
  • Source Agency: Transportation Association of Canada (TAC)
  • Files: ITRD, TAC
  • Created Date: Nov 21 2019 2:03PM