Tax Reduction Welcomed



    OTTAWA, Sept. 9 /CNW/ - The Prime Minister's announcement to reduce taxes
on diesel fuel was received with high praise from the railway industry today.
Cliff Mackay, President and CEO of the Railway Association of Canada, welcomed
his intention to reduce the excise tax on diesel fuel from 0.04 to 0.02 cents
over four years.
    The rail industry has long held the view that the federal excise tax on
locomotive diesel fuel should be eliminated in order to reduce costs for
Canadian shippers and travelers and contribute to Canada's environmental
goals. The U.S abolished its comparable federal excise tax in January 2007.
    "Rail is the most fuel-efficient form of surface transport and this
initiative will help our manufacturers and exporters compete domestically and
internationally," said Mr. Mackay.
    Canada's railways transport 75 per cent of freight in Canada and
65 million commuters and inter-city passengers while creating only three per
cent of greenhouse gas emissions.




For further information:

For further information: Media Contact: Roger Cameron, Railway
Association of Canada, (514) 697-0830, rogerc@railcan.ca

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Railway Association of Canada

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