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Crow Rate
The Crow Rate, or Crowsnest Freight Rate, was a rail transportation subsidy benefiting farmers on the Canadian Prairies and manufacturers in Central Canada by rate requirements imposed on the Canadian Pacific Railway (CPR) by the Government of Canada in exchange for financing and other benefits. Origin In the late 19th century, mineral strikes in southeastern BC near Nelson, Ainsworth, Rossland, Kaslo, Kimberley and Moyie inspired American rail interests to push lines northward, to rail out ore and to provide machinery and supplies needed for the development of local smelters. Both the Canadian government and the CPR wanted an all-Canadian rail line to forestall this American access and to reassert Canadian sovereignty in the area. A rail line was planned from Lethbridge, Alberta to Kootenay Landing near Nelson, British Columbia through the Crowsnest Pass, which would also enable the development of coal deposits in the Pass and the Elk River valley, important both for mineral ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Train Heads West Into The Crowsnest Pass
In rail transport, a train (from Old French , from Latin , "to pull, to draw") is a series of connected vehicles that run along a railway track and Passenger train, transport people or Rail freight transport, freight. Trains are typically pulled or pushed by locomotives (often known simply as "engines"), though some are self-propelled, such as multiple units. Passengers and cargo are carried in railroad cars, also known as wagons. Trains are designed to a certain Track gauge, gauge, or distance between rails. Most trains operate on steel tracks with steel wheels, the low friction of which makes them more efficient than other forms of transport. Trains have their roots in wagonways, which used railway tracks and were Horsecar, powered by horses or Cable railway, pulled by cables. Following the invention of the steam locomotive in the United Kingdom in 1804, trains rapidly spread around the world, allowing freight and passengers to move over land faster and cheaper than ever pos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western Grain Transportation Act
The ''Western Grain Transportation Act'' was a 1983 Canadian federal statute under which the formula for calculating a transport subsidy was modified. The subsidy, informally called the Crow Rate, Crow benefit or Crow subsidy, had been provided since 1897 by the Government of Canada to assist the rail transportation of specified grains and grain products to specified destinations within Canada for export. Since the producer paid only a portion of the freight rate, the Act had the effect of increasing the prices received by grain producers and paid by livestock producers on the prairies. The subsidy encouraged the movement of grain east and west to export shipping terminals. The Act was abolished as part of budget balancing initiatives undertaken in 1995. Subsequently, grain began moving south for transhipment through the United States. See also * Rail transport in Canada * List of Acts of Parliament of Canada This is an incomplete list of the continuing Acts of the Parliament ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidies
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transport Economics
Transport economics is a branch of economics founded in 1959 by American economist John R. Meyer that deals with the allocation of resources within the transport sector. It has strong links to civil engineering. Transport economics differs from some other branches of economics in that the assumption of a spaceless, instantaneous economy does not hold. People and goods flow over networks at certain speeds. Demands peak. Advance ticket purchase is often induced by lower fares. The networks themselves may or may not be competitive. A single trip (the final good, in the consumer's eyes) may require the bundling of services provided by several firms, agencies and modes. Although transport systems follow the same supply and demand theory as other industries, the complications of network effects and choices between dissimilar goods (e.g. car and bus travel) make estimating the demand for transportation facilities difficult. The development of models to estimate the likely choices bet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Canada
The economy of Canada is a highly developed mixed-market economy. It is the 8th-largest GDP by nominal and 15th-largest GDP by PPP in the world. As with other developed nations, the country's economy is dominated by the service industry which employs about three quarters of Canadians. Canada has the third-highest total estimated value of natural resources, valued at US$33.98 trillion in 2019. It has the world's third-largest proven oil reserves and is the fourth-largest exporter of crude oil. It is also the fifth-largest exporter of natural gas. According to the Corruption Perceptions Index, Canada is perceived as one of the least corrupt countries in the world, and is one of the world's top ten trading nations, with a highly globalized economy. , Canada is ranked 15th on The Heritage Foundation's index of economic freedom. Its average household disposable income per capita is "well above" the OECD average. The Toronto Stock Exchange is the eighth-largest stock exc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Freight Transport In Canada
Rail or rails may refer to: Rail transport *Rail transport and related matters *Rail (rail transport) or railway lines, the running surface of a railway Arts and media Film * ''Rails'' (film), a 1929 Italian film by Mario Camerini * ''Rail'' (1967 film), a film by Geoffrey Jones for British Transport Films *'' Mirattu'' or ''Rail'', a Tamil-language film and its Telugu dub Magazines * ''Rail'' (magazine), a British rail transport periodical * ''Rails'' (magazine), a former New Zealand based rail transport periodical Other arts *The Rails, a British folk-rock band * Rail (theater) or batten, a pipe from which lighting, scenery, or curtains are hung Technology *Rails framework or Ruby on Rails, a web application framework *Rail system (firearms), a mounting system for firearm attachments *Front engine dragster *Runway alignment indicator lights, a configuration of an approach lighting system *Rule Augmented Interconnect Layout, a specification for expressing guidelines for prin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In Canada
Canada is one of the largest agricultural producers and exporters in the world. As with other developed nations, the proportion of the population agriculture employed and agricultural GDP as a percentage of the national GDP fell dramatically over the 20th century, but it remains an important element of the Canadian economy. A wide range of agriculture is practised in Canada, from sprawling wheat fields of the prairies to summer produce of the Okanagan valley. In the federal government, overview of Canadian agriculture is the responsibility of the Department of Agriculture and Agri-Food. Major agricultural products Various factors affect the socio-economic characteristics of Canadian agriculture. The 2006 ''Census of Agriculture'' listed seven: Quantity and type of farms; Biogeography: crop and land use areas; land management practices; Quantity of livestock and poultry; Agricultural engineering: Farm machinery and equipment; Farm capital; Farm operating expenses and receipt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean Chrétien
Joseph Jacques Jean Chrétien (; born January 11, 1934) is a Canadian lawyer and politician who served as the 20th prime minister of Canada from 1993 to 2003. Born and raised in Shawinigan Falls, Quebec, Chrétien is a law graduate from Université Laval. A Liberal, he was first elected to the House of Commons in 1963. He served in various cabinet posts under Prime Minister Pierre Trudeau, most prominently as minister of Indian affairs and northern development, president of the Treasury Board, minister of finance, and minister of justice. He ran unsuccessfully for the leadership of the Liberal Party in 1984, losing to John Turner. Chrétien served as the second deputy prime minister of Canada in Turner's short-lived government which would be defeated in the 1984 federal election. After Turner led the Liberals to their second defeat at the polls in 1988, Chrétien became leader of the Liberals and leader of the Opposition in 1990, returning to politics after briefly worki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Party Of Canada
The Liberal Party of Canada (french: Parti libéral du Canada, region=CA) is a federal political party in Canada. The party espouses the principles of liberalism,McCall, Christina; Stephen Clarkson"Liberal Party". ''The Canadian Encyclopedia''. and generally sits at the centre to centre-left of the Canadian political spectrum, with their rival, the Conservative Party, positioned to their right and the New Democratic Party, who at times aligned itself with the Liberals during minority governments, positioned to their left. The party is described as "big tent",PDF copy at UBC Press. practising "brokerage politics", attracting support from a broad spectrum of voters. The Liberal Party is the longest-serving and oldest active federal political party in the country, and has dominated federal |
1993 Canadian Federal Election
The 1993 Canadian federal election was held on October 25, 1993, to elect members to the House of Commons of the 35th Parliament of Canada. Considered to be a major political realignment, it was one of the most eventful elections in Canada's history. Two new regionalist parties emerged and the election marked the worst defeat for a governing party at the federal level. In a landslide, the Liberal Party, led by Jean Chrétien, won a majority government. The election was called on September 8, 1993, by the new Progressive Conservative Party (PC) leader, Prime Minister Kim Campbell, near the end of her party's five-year mandate. When she succeeded longtime Prime Minister Brian Mulroney and assumed office in June, the party was deeply unpopular due to the failure of the Meech Lake and Charlottetown Accords, the introduction of the Goods and Services Tax, and the early 1990s recession. The PCs were further weakened by the emergence of new parties that were competing for its core s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidy
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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