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In 2000, the Federal Government named WGRF under the Canada Transportation Act as the organization that would receive funds that were deemed to be in excess of the set revenue cap that governs Canadian Pacific Railway Company (CP) and Canadian National Railway Company (CN). Excess funds, plus a penalty are invested into WGRF’s Endowment Fund.

A complete history of the funds WGRF has received through the revenue cap is as follows:

2003-04 Crop Year CN = $338,007

2004-05 Crop Year CN = $124,650

2005-06 Crop Year CP + CN =$3,412,780

2006-07 Crop Year CP =$3,532,820

2007-08 Crop Year CP + CN = $66,620,585

2008-09 Crop Year CN = $717,432

2009-10 Crop Year = $0

2010-11 Crop Year CP = $1,314,636

2011-12 Crop Year CP +CN = $672,332

2012-13 Crop Year CP = $186,859


 

**All figures are net amounts retained by WGRF**