Chair, interswitching sounds...[Inaudible—Editor...]cabotage for the airlines.
Officials, thank you for appearing this afternoon.
I'll start first of all with what was Bill C-52, the Fair Rail Freight Service Act. I try not to say that too quickly because I can't say it five times fast.
Bill C-52 in part attempted to address the issue of service level agreements which are voluntary, as you know, by making some improvements. The first was the creation, if you will, of administrative monetary penalties which would be imposed, if I recall correctly, by the Canadian Transportation Agency after arbitration. It would be per violation. That was some attempt to establish the punitive measures for breach of obligations for services.
Is that a fair representation of what was done with Bill C-52?