
Compensating Canadians, while protecting taxpayers: Annual Reports from Ship and Rail COmpensation Canada Tabled in Parliament
The 2024-2025 annual reports of Ship and Rail Compensation Canada, covering the activities of the Ship Fund and the Rail Fund, were tabled in Parliament.
The reports describe the organization's performance in delivering compensation and upholding access to justice following spills from ships or boats and major railway accidents involving crude oil. Both reports highlight the importance of the Canada's polluter pays approach to incidents, which removes the financial burden from taxpayers. The reports also showcase the organization's readiness to handle a high volume of claims and their focus on building strong partnerships to protect Canadians when they need it most.
About Ship and Rail Compensation Canada
Ship and Rail Compensation Canada is Canada's compensation hub for anyone affected by oil spills from ships or boats and by major railway accidents involving crude oil. Its mission is to help victims, responders, and anyone else affected get financial compensation and to remove the burden from taxpayers. Ship and Rail Compensation Canada is an independent federal office, financed by industry, managing two compensation funds: the Ship Fund and th eRail Fund. The two Funds are administrative tribunals governed by the federal legislation.