Canada crude oil train News

Canada Orders Speed Limits on Trains After Canadian Pacific Railway Fire

OTTAWA/WINNIPEG, Manitoba – Canada said on Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway Ltd. crude oil train derailed and caught fire. The accident, which happened in the early hours of …

Canada Should Require Stronger Rail Cars for Crude Before 2025 Deadline: Official

Canada ought to require stronger tank cars for transporting flammable liquids sooner than the current deadline in 2025, Transportation Safety Board Chair Kathy Fox said on Thursday, noting that crude-by-rail shipments are expected to rise in the country. “We understand …

Canada Eyes Insurance Pollution Fund for Oil-By-Rail Risks

The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for maritime oil spills, a government official said. The …

Canadian Pacific Backs Insurance Mandate for Firms Shipping Oil by Rail

Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada’s second-largest rail operator said on Thursday. Currently, there are no requirements in …