How a bag of peas reveals Canada's struggle to get goods to market [Business News Network (BNN) Energy & Resources (Canada)]
Cenovus Energy Inc (CVE)
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Source: Business News Network
How a bag of peas reveals Canada's struggle to get goods to market Every day for more than six months, Jessica Raycraft has confronted hulking mounds of evidence of the great Canadian bottleneck. They’re stranded on her farm -- wheat, peas and canola in 300-foot-long, 10-foot-high bags, an astonishing 50,000 bushels, enough to fill 15 rail cars. “Nobody would take it,” Raycraft said from her home near Tramping Lake in Saskatchewan. It wasn’t until a few weeks ago that space finally opened up on freight trains, and then the fields were such a mess of mud from the spring melt that the bags were stuck. “We couldn’t move it.” That pretty much sums up the problem with Canada. Its railroads are overwhelmed, threatening the country’s standing as a major exporter of commodities and slamming businesses -- from relatively modest ones like Raycraft’s to the likes of oil-giant Cenovus Energy Inc. -- that have precious few transportation alternatives. Stacks of grain piled up on the prairies befor
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