VANCOUVER, B.C.--In a speech to the Chartered Institute of Logistics & Transport in North America on March 27, Roger Larson, President, Canadian Fertilizer Institute, discussed railway and port capacity in Canada and their ability to capture resource export opportunities.
Calling the Chartered Institute of Logistics & Transport – North America "an important organization which fosters key discussions and dialogue around the world," Larson said that economies, businesses and governments alike "are under tremendous pressure to perform, and given the rapid growth of global trade, the necessity of having an effective and efficient logistics and transportation supply chain is more critical now than ever before."
Larson stressed three key points in his speech. The first was that this winter’s backlog of grain and other rail shipments "does not represent a blip. Canada’s commodity export pipeline is hitting the limits of capacity."
The second was that Canada stands ready to reap economic benefits from massive investments in key commodity industries and from the new wave of free trade agreements being signed by the federal government, "but only if our commodity export pipeline is up to the task."
Thirdly, Larson said only "a strategic partnership of governments, ports, railways, labour and shippers can ensure that Canada’s place as an export powerhouse will be realized. Increased trade and commerce between international partners is a key priority for most national governments including Canada’s. The ability to fully enable this growth is dependent on the vitality and efficiency of our key trade routes and the systems that support them.
We have new and exciting opportunities in front of us. If industry fails to partner on developing a truly efficient supply chain network, this opportunity for the Canadian economy will be missed. As such, the discussions being led and facilitated by CILT are of real significance to informing the understanding of industry, government and academia related to building the best possible logistics and transportation supply chain.
Larson's full presentation can be read here.