Thank you for the question.
The minister was quite accurate in saying that there is a great deal of excitement in the industry right now. In the last two weeks, a number of grain organizations have met. There is tremendous enthusiasm in the market, especially for the non-board grains. Prices are very high. Companies and shippers stepped in and quickly picked up the slack where the CWB had been.
We have talked to the railways, who are telling us that their velocity—the speed with which they turn around cars—is up because there is greater transparency from the in-country terminal rate to the port terminal. The volumes going through Thunder Bay are up 19% over the five-year average and 15% over the last year. Churchill continues to be used. In particular, the minister mentioned the diversification of shippers that are using Churchill. There were three of them this year, with another two expressing a high degree of interest. Overall, I would say that the combination of a freer market, good prices, and good crop yields have been a real boon to western grain farmers.