We said this on Thursday, but let me repeat it today: there is no doubt that the competition between us for most of the traffic in Canada is fierce.
In western Canada, for example, grain leaves the farm by truck and there is a choice between going to the elevator served by CN and the elevator served by CP. That choice is clearly the farmer’s. In the places with the 30 km interchange zone, customers have the right to ask the prices at both places and choose the better one. But we do not have the choice of letting the other rail company use our tracks.
My experience at CN allows me to say that we compete fiercely, to the extent that our former president is now the president of CP. I can guarantee you that the competition is fierce.