Sure. I can add clarification there.
The legislation provides that the agency will set the rate based on comparable traffic, as you mentioned. Proposed subsection 135(3) actually lists the factors the agency can use to determine comparable traffic. That traffic wouldn't necessarily have an LHI rate. It would be traffic that moves similar kind of traffic a similar distance, under similar conditions. It would be commercially based traffic, or traffic that is moving right now without being subject to any remedy at all.
When the agency sets the traffic, it does two things, what we call a blended rate. The first 30 kilometres will be a cost-based rate, equivalent to the regular interswitching, the 30-kilometre interswitching. That's regulated. By nature, that will be a very low rate. The rest of the rate will be based on this comparable traffic, which will be taking into account other traffic that moves. It's really trying to get a sense of what other kinds of traffic move a similar distance with a similar kind of handling and all that. That will determine how the agency sets the rate.
They have quite a bit of discretion in terms of how they build the comparable traffic, but the factors for them to take into account are listed on page 26 of the bill.