We live in a system. What one part does affects the other. There are four companies which have been bought out in anticipation of changes in the Crow legislation. The new company will operate as a wholly-owned subsidiary of CP Trucks, according to the news release. I think that is extremely important. Who would deny the relevance of CP to every discussion we have had on the Crow so far? The article continued:
The agreement, which is conditional on the approval of provincial and federal regulatory agencies-
That is the agreement we are talking about now.
-is scheduled to take effect Jan. 1.
Kissner, who will be general manager of the new company, said the companies will operate much the same as before except under CP Trucks ownership. "Were owned by CP, but we're running it as a separate company totally."
The four firms had revenues totalling $10 million last year and covered almost the entire Province.
Subtopic: WESTERN GRAIN TRANSPORTATION ACT