Report Section
Economics
| Year | Industry | Operating Metic | (millions of dollars) |
|---|---|---|---|
| 2013(R) | CN and CP – Canadian Operations | Operating Revenues | 11,704 |
| 2013(R) | CN and CP – Canadian Operations | Operating Expenses | 8,631 |
| 2013(R) | CN and CP – Canadian Operations | Operating Profit (Loss) | 3,073 |
| 2013(R) | CN and CP – Canadian Operations | Operating Ratio(1) | 73.7 |
| 2013(R) | Regional Railways(2) | Operating Revenues | 385 |
| 2013(R) | Regional Railways(2) | Operating Expenses | 251 |
| 2013(R) | Regional Railways(2) | Operating Profit (Loss) | 134 |
| 2013(R) | Regional Railways(2) | Operating Ratio(1) | 65.1 |
| 2013(R) | Short Line Railways(3) | Operating Revenues | 373 |
| 2013(R) | Short Line Railways(3) | Operating Expenses | 326 |
| 2013(R) | Short Line Railways(3) | Operating Profit (Loss) | 47 |
| 2013(R) | Short Line Railways(3) | Operating Ratio(1) | 87.5 |
| 2013(R) | Air Canada and Affiliates | Operating Revenues | 11,536 |
| 2013(R) | Air Canada and Affiliates | Operating Expenses | 10,782 |
| 2013(R) | Air Canada and Affiliates | Operating Profit (Loss) | 754 |
| 2013(R) | Air Canada and Affiliates | Operating Ratio(1) | 93.5 |
| 2013(R) | WestJet | Operating Revenues | 3,662 |
| 2013(R) | WestJet | Operating Expenses | 3,263 |
| 2013(R) | WestJet | Operating Profit (Loss) | 400 |
| 2013(R) | WestJet | Operating Ratio(1) | 89.1 |
| 2013(R) | VIA Rail | Operating Revenues | 258 |
| 2013(R) | VIA Rail | Operating Subsidies | 308 |
| 2013(R) | VIA Rail | Operating Expense | 599 |
| 2013(R) | VIA Rail | Operating Ratio(1) | 231.7 |
| 2013(R) | Transit Industry | Operating Revenues | 4,107 |
| 2013(R) | Transit Industry | Operating Subsidies | 3,843 |
| 2013(R) | Transit Industry | Total Costs | 10,083 |
| 2013(R) | Transit Industry | Cost Recovery Ratio(4) | 40.7 |
| 2014(R) | CN and CP – Canadian Operations | Operating Revenues | 12,945 |
| 2014(R) | CN and CP – Canadian Operations | Operating Expenses | 9,274 |
| 2014(R) | CN and CP – Canadian Operations | Operating Profit (Loss) | 3,670 |
| 2014(R) | CN and CP – Canadian Operations | Operating Ratio(1) | 71.6 |
| 2014(R) | Regional Railways(2) | Operating Revenues | 379 |
| 2014(R) | Regional Railways(2) | Operating Expenses | 235 |
| 2014(R) | Regional Railways(2) | Operating Profit (Loss) | 143 |
| 2014(R) | Regional Railways(2) | Operating Ratio(1) | 62.2 |
| 2014(R) | Short Line Railways(3) | Operating Revenues | 449 |
| 2014(R) | Short Line Railways(3) | Operating Expenses | 422 |
| 2014(R) | Short Line Railways(3) | Operating Profit (Loss) | 27 |
| 2014(R) | Short Line Railways(3) | Operating Ratio(1) | 94.0 |
| 2014(R) | Air Canada and Affiliates | Operating Revenues | 12,318 |
| 2014(R) | Air Canada and Affiliates | Operating Expenses | 11,319 |
| 2014(R) | Air Canada and Affiliates | Operating Profit (Loss) | 999 |
| 2014(R) | Air Canada and Affiliates | Operating Ratio(1) | 91.9 |
| 2014(R) | WestJet | Operating Revenues | 3,977 |
| 2014(R) | WestJet | Operating Expenses | 3,501 |
| 2014(R) | WestJet | Operating Profit (Loss) | 475 |
| 2014(R) | WestJet | Operating Ratio(1) | 88.0 |
| 2014(R) | VIA Rail | Operating Revenues | 265 |
| 2014(R) | VIA Rail | Operating Subsidies | 317 |
| 2014(R) | VIA Rail | Operating Expense | 567 |
| 2014(R) | VIA Rail | Operating Ratio(1) | 214.0 |
| 2014(R) | Transit Industry | Operating Revenues | 4,240 |
| 2014(R) | Transit Industry | Operating Subsidies | 4,044 |
| 2014(R) | Transit Industry | Total Costs | 10,592 |
| 2014(R) | Transit Industry | Cost Recovery Ratio(4) | 40.0 |
| 2015(R) | CN and CP – Canadian Operations | Operating Revenues | 13,090 |
| 2015(R) | CN and CP – Canadian Operations | Operating Expenses | 8,456 |
| 2015(R) | CN and CP – Canadian Operations | Operating Profit (Loss) | 4,634 |
| 2015(R) | CN and CP – Canadian Operations | Operating Ratio(1) | 64.6 |
| 2015(R) | Regional Railways(2) | Operating Revenues | 327 |
| 2015(R) | Regional Railways(2) | Operating Expenses | 260 |
| 2015(R) | Regional Railways(2) | Operating Profit (Loss) | 67 |
| 2015(R) | Regional Railways(2) | Operating Ratio(1) | 79.5 |
| 2015(R) | Short Line Railways(3) | Operating Revenues | 660 |
| 2015(R) | Short Line Railways(3) | Operating Expenses | 552 |
| 2015(R) | Short Line Railways(3) | Operating Profit (Loss) | 108 |
| 2015(R) | Short Line Railways(3) | Operating Ratio(1) | 83.6 |
| 2015(R) | Air Canada and Affiliates | Operating Revenues | 12,914 |
| 2015(R) | Air Canada and Affiliates | Operating Expenses | 11,245 |
| 2015(R) | Air Canada and Affiliates | Operating Profit (Loss) | 1669 |
| 2015(R) | Air Canada and Affiliates | Operating Ratio(1) | 87.1 |
| 2015(R) | WestJet | Operating Revenues | 4,029 |
| 2015(R) | WestJet | Operating Expenses | 3,460 |
| 2015(R) | WestJet | Operating Profit (Loss) | 570 |
| 2015(R) | WestJet | Operating Ratio(1) | 85.9 |
| 2015(R) | VIA Rail | Operating Revenues | 281 |
| 2015(R) | VIA Rail | Operating Subsidies | 280 |
| 2015(R) | VIA Rail | Operating Expense | 659 |
| 2015(R) | VIA Rail | Operating Ratio(1) | 234.7 |
| 2015(R) | Transit Industry | Operating Revenues | 4,385 |
| 2015(R) | Transit Industry | Operating Subsidies | 4,405 |
| 2015(R) | Transit Industry | Total Costs | 11,262 |
| 2015(R) | Transit Industry | Cost Recovery Ratio(4) | 38.9 |
| 2016(R) | CN and CP – Canadian Operations | Operating Revenues | 12,589 |
| 2016(R) | CN and CP – Canadian Operations | Operating Expenses | 7,563 |
| 2016(R) | CN and CP – Canadian Operations | Operating Profit (Loss) | 5,027 |
| 2016(R) | CN and CP – Canadian Operations | Operating Ratio(1) | 60.1 |
| 2016(R) | Regional Railways(2) | Operating Revenues | 257 |
| 2016(R) | Regional Railways(2) | Operating Expenses | 254 |
| 2016(R) | Regional Railways(2) | Operating Profit (Loss) | 3 |
| 2016(R) | Regional Railways(2) | Operating Ratio(1) | 98.7 |
| 2016(R) | Short Line Railways(3) | Operating Revenues | 502 |
| 2016(R) | Short Line Railways(3) | Operating Expenses | 473 |
| 2016(R) | Short Line Railways(3) | Operating Profit (Loss) | 29 |
| 2016(R) | Short Line Railways(3) | Operating Ratio(1) | 94.2 |
| 2016(R) | Air Canada and Affiliates | Operating Revenues | 13,243 |
| 2016(R) | Air Canada and Affiliates | Operating Expenses | 11,884 |
| 2016(R) | Air Canada and Affiliates | Operating Profit (Loss) | 1359 |
| 2016(R) | Air Canada and Affiliates | Operating Ratio(1) | 89.7 |
| 2016(R) | WestJet | Operating Revenues | 4,123 |
| 2016(R) | WestJet | Operating Expenses | 3,683 |
| 2016(R) | WestJet | Operating Profit (Loss) | 440 |
| 2016(R) | WestJet | Operating Ratio(1) | 89.3 |
| 2016(R) | VIA Rail | Operating Revenues | 307 |
| 2016(R) | VIA Rail | Operating Subsidies | 268 |
| 2016(R) | VIA Rail | Operating Expense | 741 |
| 2016(R) | VIA Rail | Operating Ratio(1) | 241.3 |
| 2016(R) | Transit Industry | Operating Revenues | 4,439 |
| 2016(R) | Transit Industry | Operating Subsidies | 4,469 |
| 2016(R) | Transit Industry | Total Costs | 11,564 |
| 2016(R) | Transit Industry | Cost Recovery Ratio(4) | 38.4 |
| 2017(R) | CN and CP – Canadian Operations | Operating Revenues | 13,600 |
| 2017(R) | CN and CP – Canadian Operations | Operating Expenses | 8,052 |
| 2017(R) | CN and CP – Canadian Operations | Operating Profit (Loss) | 5,549 |
| 2017(R) | CN and CP – Canadian Operations | Operating Ratio(1) | 59.2 |
| 2017(R) | Regional Railways(2) | Operating Revenues | 153 |
| 2017(R) | Regional Railways(2) | Operating Expenses | 139 |
| 2017(R) | Regional Railways(2) | Operating Profit (Loss) | 14 |
| 2017(R) | Regional Railways(2) | Operating Ratio(1) | 90.9 |
| 2017(R) | Short Line Railways(3) | Operating Revenues | 440 |
| 2017(R) | Short Line Railways(3) | Operating Expenses | 376 |
| 2017(R) | Short Line Railways(3) | Operating Profit (Loss) | 64 |
| 2017(R) | Short Line Railways(3) | Operating Ratio(1) | 85.5 |
| 2017(R) | Air Canada and Affiliates | Operating Revenues | 14,712 |
| 2017(R) | Air Canada and Affiliates | Operating Expenses | 13,163 |
| 2017(R) | Air Canada and Affiliates | Operating Profit (Loss) | 1549 |
| 2017(R) | Air Canada and Affiliates | Operating Ratio(1) | 89.5 |
| 2017(R) | WestJet | Operating Revenues | 4,507 |
| 2017(R) | WestJet | Operating Expenses | 4,074 |
| 2017(R) | WestJet | Operating Profit (Loss) | 433 |
| 2017(R) | WestJet | Operating Ratio(1) | 90.4 |
| 2017(R) | VIA Rail | Operating Revenues | 349 |
| 2017(R) | VIA Rail | Operating Subsidies | 265 |
| 2017(R) | VIA Rail | Operating Expense | 756 |
| 2017(R) | VIA Rail | Operating Ratio(1) | 216.7 |
| 2017(R) | Transit Industry | Operating Revenues | 4,579 |
| 2017(R) | Transit Industry | Operating Subsidies | 5,119 |
| 2017(R) | Transit Industry | Total Costs | 12,070 |
| 2017(R) | Transit Industry | Cost Recovery Ratio(4) | 37.9 |
| 2018(R) | CN and CP – Canadian Operations | Operating Revenues | 14,971 |
| 2018(R) | CN and CP – Canadian Operations | Operating Expenses | 9,560 |
| 2018(R) | CN and CP – Canadian Operations | Operating Profit (Loss) | 5,411 |
| 2018(R) | CN and CP – Canadian Operations | Operating Ratio(1) | 63.9 |
| 2018(R) | Regional Railways(2) | Operating Revenues | 194 |
| 2018(R) | Regional Railways(2) | Operating Expenses | 159 |
| 2018(R) | Regional Railways(2) | Operating Profit (Loss) | 36 |
| 2018(R) | Regional Railways(2) | Operating Ratio(1) | 81.7 |
| 2018(R) | Short Line Railways(3) | Operating Revenues | 424 |
| 2018(R) | Short Line Railways(3) | Operating Expenses | 349 |
| 2018(R) | Short Line Railways(3) | Operating Profit (Loss) | 74 |
| 2018(R) | Short Line Railways(3) | Operating Ratio(1) | 82.5 |
| 2018(R) | Air Canada and Affiliates | Operating Revenues | 16,322 |
| 2018(R) | Air Canada and Affiliates | Operating Expenses | 14,807 |
| 2018(R) | Air Canada and Affiliates | Operating Profit (Loss) | 1515 |
| 2018(R) | Air Canada and Affiliates | Operating Ratio(1) | 90.7 |
| 2018(R) | WestJet | Operating Revenues | 4,733 |
| 2018(R) | WestJet | Operating Expenses | 4,534 |
| 2018(R) | WestJet | Operating Profit (Loss) | 199 |
| 2018(R) | WestJet | Operating Ratio(1) | 95.8 |
| 2018(R) | VIA Rail | Operating Revenues | 375 |
| 2018(R) | VIA Rail | Operating Subsidies | 273 |
| 2018(R) | VIA Rail | Operating Expense | 785 |
| 2018(R) | VIA Rail | Operating Ratio(1) | 209.4 |
| 2018(R) | Transit Industry | Operating Revenues | 4,803 |
| 2018(R) | Transit Industry | Operating Subsidies | 5,039 |
| 2018(R) | Transit Industry | Total Costs | 12,810 |
| 2018(R) | Transit Industry | Cost Recovery Ratio(4) | 37.5 |
| 2019 | CN and CP – Canadian Operations | Operating Revenues | 16,010 |
| 2019 | CN and CP – Canadian Operations | Operating Expenses | 10,088 |
| 2019 | CN and CP – Canadian Operations | Operating Profit (Loss) | 5,922 |
| 2019 | CN and CP – Canadian Operations | Operating Ratio(1) | 63.0 |
| 2019 | Regional Railways(2) | Operating Revenues | 289 |
| 2019 | Regional Railways(2) | Operating Expenses | 216 |
| 2019 | Regional Railways(2) | Operating Profit (Loss) | 73 |
| 2019 | Regional Railways(2) | Operating Ratio(1) | 74.7 |
| 2019 | Short Line Railways(3) | Operating Revenues | 429 |
| 2019 | Short Line Railways(3) | Operating Expenses | 372 |
| 2019 | Short Line Railways(3) | Operating Profit (Loss) | 57 |
| 2019 | Short Line Railways(3) | Operating Ratio(1) | 86.7 |
| 2019 | Air Canada and Affiliates | Operating Revenues | 16,548 |
| 2019 | Air Canada and Affiliates | Operating Expenses | 15,016 |
| 2019 | Air Canada and Affiliates | Operating Profit (Loss) | 1532 |
| 2019 | Air Canada and Affiliates | Operating Ratio(1) | 90.7 |
| 2019 | WestJet | Operating Revenues | 5,147 |
| 2019 | WestJet | Operating Expenses | 4,756 |
| 2019 | WestJet | Operating Profit (Loss) | 391 |
| 2019 | WestJet | Operating Ratio(1) | 92.4 |
| 2019 | VIA Rail | Operating Revenues | 394 |
| 2019 | VIA Rail | Operating Subsidies | 281 |
| 2019 | VIA Rail | Operating Expense | 906 |
| 2019 | VIA Rail | Operating Ratio(1) | 230.0 |
| 2019 | Transit Industry | Operating Revenues | 5,150 |
| 2019 | Transit Industry | Operating Subsidies | 5,861 |
| 2019 | Transit Industry | Total Costs | 14,207 |
| 2019 | Transit Industry | Cost Recovery Ratio(4) | 36.3 |
| 2020 | CN and CP – Canadian Operations | Operating Revenues | 15,609 |
| 2020 | CN and CP – Canadian Operations | Operating Expenses | 9,786 |
| 2020 | CN and CP – Canadian Operations | Operating Profit (Loss) | 5,823 |
| 2020 | CN and CP – Canadian Operations | Operating Ratio(1) | 63 |
| 2020 | Regional Railways(2) | Operating Revenues | 279 |
| 2020 | Regional Railways(2) | Operating Expenses | 199 |
| 2020 | Regional Railways(2) | Operating Profit (Loss) | 80 |
| 2020 | Regional Railways(2) | Operating Ratio(1) | 71 |
| 2020 | Short Line Railways(3) | Operating Revenues | 103 |
| 2020 | Short Line Railways(3) | Operating Expenses | 167 |
| 2020 | Short Line Railways(3) | Operating Profit (Loss) | (64) |
| 2020 | Short Line Railways(3) | Operating Ratio(1) | 163 |
| 2020 | Air Canada and Affiliates | Operating Revenues | 4,880 |
| 2020 | Air Canada and Affiliates | Operating Expenses | 4,391 |
| 2020 | Air Canada and Affiliates | Operating Profit (Loss) | 489 |
| 2020 | Air Canada and Affiliates | Operating Ratio(1) | 90 |
| 2020 | WestJet | Operating Revenues | 1,690 |
| 2020 | WestJet | Operating Expenses | 2,424 |
| 2020 | WestJet | Operating Profit (Loss) | (734) |
| 2020 | WestJet | Operating Ratio(1) | 143 |
| 2020 | VIA Rail | Operating Revenues | 81 |
| 2020 | VIA Rail | Operating Subsidies | 416 |
| 2020 | VIA Rail | Operating Expense | 728 |
| 2020 | VIA Rail | Operating Ratio(1) | 901 |
| 2020 | Transit Industry | Operating Revenues | 2,507 |
| 2020 | Transit Industry | Operating Subsidies | 8,163 |
| 2020 | Transit Industry | Total Costs | 14,516 |
| 2020 | Transit Industry | Cost Recovery Ratio(4) | 17 |
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