Canadian crude by rail a ‘temporary’ solution to pipeline shortage: CN Rail CEO

By Christopher Reynolds, The Canadian Press, Financial Post; April 30, 2019

MONTREAL — The head of Canada’s largest railway says ferrying crude remains a lucrative, albeit temporary solution to Canada’s pipeline quandary.

“The role of the rail industry is a recent role and probably a temporary role. We’re not here to replace pipelines; we’re here to be a compliment for a period of time,” Canadian National Railway Co. chief executive Jean-Jacques Ruest told The Canadian Press in an interview.

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