Thank you.
Before I go to the last question from Francesco, on page 7 of your monetary policy report, where you deal with trade concerns weighing on non-energy commodity prices, you talk a fair bit about the energy sector. You make this statement:
The effect on the price differential is being amplified by a faster expansion of oil sands production than of transportation capacity.
How serious is it that we have no access to market, other than basically rail, for some of that oil sands production?
From where I sit, there's a law of diminishing returns in terms of the railway capacity to haul other commodities when oil is taking up that capacity. We have to move potash, coal, all kinds of grains and oilseeds. There is an increasing problem as more oil, bitumen or whatever ends up on rail.
Do you have any thoughts on that?