In terms of the reconciliation of the legislation versus the commercial agreements, obviously my preference is that we would stick with the commercial agreements. I do recognize, though, that the past history of some of the railways' performance would dictate that we need another backstop, which is a word that seems to be tossed around this committee, but at least a minimum expectation set from the Canadian businesses around how that relationship will be conducted. I think that's what the legislation does.
I think beyond that it provides the flexibility for companies to then sit down and really work through what the issues are for each of the operations they are providing rail service to.
Where I think the challenge comes is that today, our experience with CN under the current leadership of Mr. Mongeau, the CEO of CN, is that he and his management staff have done a fantastic job of trying to understand our business, what our needs are, and developing programs or solutions that can help address what our needs are. The challenge is that with every company strategic directions change, leadership changes. I think the legislation works and is effective for making sure that we don't suddenly lose the progress we've made, and that we can continue to have commercial discussions in a forum that allows both companies to partner together and to show what we need to achieve for success.
The challenge will come if one or both parties don't actually want to make that commitment, and it's going to come back to the individuals to make that commitment. Arbitration to me, again, is a little bit heavy-handed. I think mediation would work, and the idea of mediation to me would be to make sure that everyone understands the complexities of the system and how each party plays a role within that system.