This node 93636 is published parle_debug=field_parle_speak boolean = FALSE (unchecked or not configured)
Agency approved cost of capital rates for transportation of Western grain
The Agency determines the cost of capital rates to be used for the development of the Volume-Related Composite Price Index, under subsection 151(1) of the Canada Transportation Act.
The rates are approved each year in March for the upcoming crop year (August 1 - July 31).
Canadian National Railway Company (CN) - updated April 16, 2024
| Year | Long-term debt rate | Deferred taxes rate | Common equity pre-tax | Cost of capital pre-tax weighted rate |
|---|---|---|---|---|
| 2024-2025 | 4.03% | 0.00% | 10.84% | 6.05% |
| 2023-2024 | 4.24% | 0.00% | 10.18% | 5.98% |
| 2022-2023 | 4.04% | 0.00% | 8.40% | 5.30% |
| 2021-2022 | 4.02% | 0.00% | 6.65% | 4.33% |
| 2020-2021 | 3.56% | 0.00% | 9.72% | 5.19% |
| 2019-2020 | 3.88% | 0.00% | 11.08% | 5.04% |
| 2018-2019 | 4.03% | 0.00% | 11.34% | 5.46% |
| 2017-2018 | 4.19% | 0.00% | 9.94% | 5.29% |
| 2016-2017 | 4.54% | 0.00% | 8.97% | 5.42% |
| 2015-2016 | 4.42% | 0.00% | 9.14% | 5.70% |
| 2014-2015 | 4.72% | 0.00% | 9.55% | 6.34% |
| 2013-2014 | 4.87% | 0.00% | 8.58% | 6.08% |
| 2012-2013 | 5.32% | 0.00% | 8.69% | 6.45% |
| 2011-2012 | 5.37% | 0.00% | 7.37% | 5.58% |
| 2010-2011 | 5.10% | 0.00% | 7.70% | 5.79% |
| 2009-2010 | 5.39% | 0.00% | 9.40% | 6.34% |
| 2008-2009 | 5.62% | 0.00% | 10.00% | 7.46% |
| 2007-2008 | 5.61% | 0.00% | 11.41% | 8.68% |
| 2006-2007 | 5.46% | 0.00% | 10.52% | 8.06% |
| 2005-2006 | 5.95% | 0.00% | 10.58% | 8.11% |
| 2004-2005 | 5.95% | 0.00% | 11.19% | 8.79% |
| 2003-2004 | 7.13% | 0.00% | 12.55% | 9.96% |
| 2002-2003 | 7.68% | 0.00% | 14.31% | 11.37% |
| 2001-2002 | 7.73% | 0.00% | 17.36% | 11.45% |
Canadian Pacific Kansas City Railway (CPKC) - updated April 16, 2024
| Year | Long-term debt rate | Deferred taxes rate | Common equity pre-tax | Cost of capital pre-tax weighted rate |
|---|---|---|---|---|
| 2024-2025 | 3.70% | 0.00% | 12.31% | 8.00% |
| 2023-2024 | 3.39% | 0.00% | 11.90% | 7.46% |
| 2022-2023 | 3.32% | 0.00% | 10.34% | 6.33% |
| 2021-2022 | 5.38% | 0.00% | 8.37% | 5.57% |
| 2020-2021 | 5.39% | 0.00% | 12.19% | 7.42% |
| 2019-2020 | 5.33% | 0.00% | 12.95% | 7.55% |
| 2018-2019 | 5.37% | 0.00% | 13.66% | 7.54% |
| 2017-2018 | 5.36% | 0.00% | 12.49% | 7.71% |
| 2016-2017 | 5.33% | 0.00% | 11.15% | 7.46% |
| 2015-2016 | 5.34% | 0.00% | 10.98% | 7.31% |
| 2014-2015 | 5.40% | 0.00% | 11.32% | 7.54% |
| 2013-2014 | 5.88% | 0.00% | 10.26% | 7.36% |
| 2012-2013 | 5.43% | 0.00% | 10.31% | 7.31% |
| 2011-2012 | 5.59% | 0.00% | 8.10% | 6.16% |
| 2010-2011 | 5.98% | 0.00% | 8.24% | 6.47% |
| 2009-2010 | 5.74% | 0.00% | 8.43% | 6.58% |
| 2008-2009 | 5.40% | 0.00% | 10.86% | 8.16% |
| 2007-2008 | 5.50% | 0.00% | 11.05% | 8.12% |
| 2006-2007 | 5.58% | 0.00% | 11.07% | 8.09% |
| 2005-2006 | 6.43% | 0.00% | 11.06% | 8.30% |
| 2004-2005 | 6.78% | 0.00% | 11.39% | 8.50% |
| 2003-2004 | 8.01% | 0.00% | 13.44% | 10.09% |
| 2002-2003 | 8.79% | 0.00% | 14.47% | 10.95% |
| 2001-2002 | 8.42% | 0.00% | 17.16% | 11.37% |
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