Focus on core products, farmer direct-origination key factors

Food security concerns drives results in Grains & Food segment

Sights set on fiscal ’24 after 39% earnings gain in ’23

Saw net income of $1.17 billion in 2023 

Newly merged railroad tallies C$12.3 billion for year

Partially offset by freight rate increases, higher Canadian grain exports

Ag results down on decreased margins for grain, oilseeds

Higher earnings represent rebound after Q1

Operations division achieves highest ever surplus

Operating income down 33% from a year ago