Thank you, Mr. Chair.
Good morning, gentlemen. You know, I am sure, that our role is to try and get the economy working and to balance out the forces between the different parties. This is why we are studying this bill.
What struck me in your presentation, Mr. Mackay, was figure 1, which shows us clearly that freight rates are quite stable. There has even been a slight drop. Volume has increased slightly, as well as the workers' productivity. This is positive, but I wonder how volume has remained the same in a competitive environment in which rates have not increased. How do you explain the fact that volume has remained so stable and has not increased? Is this competition, or poorly organized rail transportation?