I would just add another comment to that. The regulation of the 160 kilometres was not based on a thorough fact-based, data-rich analysis. In the context of developing good transportation policy, I think we're trying to do that analysis before we make the policy. There's good justification to allow it to sunset and perhaps continue the research, if that's required.
I think the key point we've been trying to raise here is that the existence of that legislation is detrimental to encouraging investment into the supply chain network. When we think about the looming capacity issue with respect to grain cars, and when we think about the amount of investment that's required to sustain railway networks for CN, we reinvest over 50% of our operating income every year just to maintain the safety and fluidity of the rail network.
Those levels of capital investment need to be somehow reflected in legislation that continues to support the ongoing level of investment. Bill C-30 goes exactly against those principles.