Canadian National Railway Company v. Canadian Transportation Agency et al.
The Agency did not err in law or jurisdiction: s.32 vests the Agency with discretion to determine, in its opinion, whether there has been a change in facts or circumstances; forecasting variances are an expected and integral feature of the Agency's predictive VRCPI methodology and do not, without more, constitute a cifoc warranting s.32 relief in light of the statutory scheme favoring predictability and the one-year lag adjustment mechanism; CN Rail's challenge was a factually and policy‑imbued attempt to revisit the Agency's regulatory methodology and was properly refused; appeals dismissed.
Source excerpt
- Section 32 cta (reconsideration)
- Vrcpi and mre determinations
- Procedural fairness
- Predictability and finality in regulation