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Railways Under Scrutiny Over Grain Shipments

(Josh Wingrove – Bloomberg)

Prime Minister Stephen Harper indicated he is prepared to continue intervening in a railway system dominated by two companies in order to keep products such as grain moving for export.

The Canadian government won’t allow the country’s two major railways -- Canadian National Railway Co. and Canadian Pacific Railway Ltd. -- to “dictate to the market what they think is satisfactory,” Harper said Thursday at an event in Saskatoon, Saskatchewan, a province with a large grain sector.

Harper said he remains “concerned” even though the situation has improved.

“We’re going to continue to watch the situation that’s out there right now to make sure we don’t return to the crisis situation we had last year,” he said. Click here to read more.