Thank you.
I think this confirms the comments of my colleague when he speaks to the need for a strategy before we start looking at individual issues within our transportation system.
At our last meeting, we heard from the CTA that they determine the regulated interswitching rate from the ground up by assessing the various input costs that railways face. They stated that they do not consider the commercial rate when determining the regulated rate.
We also heard from producers that they understand that all parts of the chain, when it comes to transportation, need to be profitable, that everybody needs to succeed.
I guess my question would be, how can the rate-setting process be improved to provide the railways with sufficient return to invest in their infrastructure?
Either one of you could answer.