Madam Chair, again, I would point out that numerous witnesses provided testimony to the committee and made this recommendation to us. To quote what we heard:
[W]e are also very concerned about the ability of the longhaul interswitch provision to address shipper concerns over ratesetting. In other words, the way that Bill C-49 is currently written, it places a floor on LHI rates, indicating that a rate cannot be less than the average of per-tonne kilometre revenue of comparable traffic. The bill needs language that gives the CTA the ability to consider commercially comparable competitive rates when determining the interswitching rates.
They recommended:
The CTA should also give regard to the actual cost to move the shipment, not what the railways have managed to charge in the past when monopolistic powers were at play.
Thank you.