Finance committee  Yes, it would. It would most likely result in at least another $400 million of investment. In fact those are the base numbers that we use to calculate the tax impact that I mentioned, starting at $5 million a year, working up to $25 million a year. So yes, it would be significa

Finance committee  No doubt, because whenever we have the most modern equipment in use, that's a benefit for safety. Safety can always be better, and that's a prime--probably number one--objective for the industry, to be in the safest mode. We are the safest part of the rail industry in North Ameri

Finance committee  Yes, I'm fully supportive of that measure.

Finance committee  For the reasons I outlined. As I said in the brief, the Standing Committee on Finance and the industry committee in the past have both supported a minimum 30% capital cost allowance rate for rail rolling stock on the basis of supporting investment in new green technology and supp

Finance committee  Good afternoon. Bonjour. The Railway Association of Canada, or RAC for short, is pleased to have the opportunity to submit the views of its membership regarding measures that the Government of Canada must take to improve the competitiveness of Canada's rail system and the econom

Finance committee  Absolument. The answer to an earlier question from your colleague is a good answer to your question about infrastructure. We are very supportive of the federal and Quebec governments' conclusion of an arrangement to spend up to $100 million on infrastructure in Quebec, where I

Finance committee  Yes, in fact we do, and I'd be pleased to pass the material forward to you that clearly illustrates that.

Finance committee  We very much are focused on investments in infrastructure. As you say, the highway infrastructure has deteriorated and so has the railway infrastructure. Quebec is a prime example of a new partnership agreement that we have with the Quebec government and the federal government to

Finance committee  In addition to that request, which by the way this committee has endorsed many times before, we also have on the table two other proposals. One is to continue working with the provinces and the rail industry on a partnership basis to fund short-line infrastructure--these are the

Finance committee  Good morning, Mr. Chair and committee members. Good day, everyone. My name is Bruce Burrows, vice-president of the RAC. Joining me today is John Lynch, chair of our taxation committee and also AVP of taxation for Canadian Pacific in Calgary. Thank you for inviting us to share