Mr. Speaker, the question of the unsolicited bid by CP for CN assets east of Winnipeg is under active consideration by both the management of CN and the Government of Canada.
It is a very serious question. In addition to the matters raised by my hon. colleague, there is the question that it would have the result of reducing competition and really changing the way rail operates east of Winnipeg.
It is a very serious not only business question, as the hon. member has raised, but policy question. For that reason we are going to weigh the pros and cons very carefully and the government will announce its decision in due course.