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Rail in Canada
2005
Highlights
- In 2005, the Canadian rail industry realized net operating profits
of $2.3 billion. Net income, after tax and extraordinary items was $1.7 billion.
- The operating revenues of Canadian rail companies rose 10.8% in 2005 compared
to 2004, reaching $9.8 billion.
- In 2005, total operating expenses of rail carriers grew 8.0%
compared to the previous year, reaching $7.5 billion.
- The total assets of rail companies were valued at $18.7 billion
at the end of the 2005 fiscal year. CN held 50.3% of the total,
CP held 37.9%, VIA Rail, 4.8% and regional and short line railways, 7.0%.
- During 2005, more than 2.1 billion litres of diesel fuel
were consumed by railways. The carriers spent almost $1.2 billion
on diesel fuel.
- In 2005, Canadian railways employed less than 35 thousand
persons, down 1.7% from the previous year. The average annual compensation
per employee rose 7.3% to exceed $70,000. Total payroll increased
(5.5%), to $2.5 billion.
- Total tonnage of revenue freight increased 2.2% in 2005 compared
to 2004, reaching 370 million tonnes. Tonne-kilometres increased
by 3.9% from 2004 with 352 billion.
- The number of rail passengers in 2005 was 4.3 million,
up 5.2% from 2004 and passenger-kilometres increased by 3.7%
to represent 1.5 billion in 2005.
- In 2005, the three main commodities, for all origins and destinations,
transported by railway companies were coal with 34.1 million tonnes,
mixed carloads or unidentified freight with 23.3 million tonnes,
and iron ores and concentrates with 20.6 million tonnes.
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