The Railway Association of Canada (RAC) has released Rail Trends 2025, a 10-year review of financial and statistical results for the Canadian railway industry.

Now in its 33rd edition; the Rail Trends report comprises rail data up to 31 December 2024 and includes data reported by RAC member companies, Class 1 and shortline freight railways, as well as tourist, intercity, and commuter passenger railways.

The report details trending rail data up to 31 December 2024

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Highlights of the review include the investment of 4.5 billion USD improve the safety, efficiency, capacity, and fluidity of Canadian supply chains; the safety performance of Canada’s railway; employment rates and passenger ridership numbers.

Eric Harvey, President and CEO of the Railway Association of Canada, said:

The data shown in Rail Trends 2025 demonstrate that Canada’s railways are delivering measurable progress for the economy, supply chains, and the communities they serve.

Strong safety performance, sustained capital investment, and a growing, well-compensated workforce reflect an industry that is performing at a high level while planning for the long term. At the same time, growing passenger ridership and efficient freight operations highlight rail’s role in reducing congestion, supporting trade, and advancing sustainability. Rail Trends provides clear, data-driven evidence of the sector’s essential role in keeping Canada competitive and connected.

The full report can be accessed on the Railway Association of Canada’s website, here.

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