March 11, 2015 / 5:08 PM / in 3 years

Canada minister says oil train rule timing may differ from U.S.

OTTAWA, March 11 (Reuters) - While the United States and Canada are near to agreement on a tougher standard for oil-by-rail tanker cars, they may diverge on the phase-in period, Transport Minister Lisa Raitt told Reuters on Wednesday.

She said they were close “on a tank car standard agreement, but not necessarily on the time frame. ... Time is of the essence for us.”

The new regulations will be stronger than the CPC-1232 standard for oil tank cars that Canada has already required to be implemented by 2017, Raitt said. (Reporting by Randall Palmer; Editing by David Gregorio)

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