I appreciate where you're both coming from.
One of the things I really struggled with was trying to comprehend how LHI is going to create a competitive rate when you're dealing with pseudo-competition realistically.
One of the things that stuck out for me from the testimony we heard was that right now, Canada has maybe the most competitive shipping rates worldwide. I don't know if we had explicit testimony that considered every single country, but we're certainly among them.
I remember there was a witness, I believe from Teck Resources, who explained that some of these bigger captive shippers are operating in more or less a competitive circumstance when they have a lot of bargaining power at the table. I forget the gentleman's name, but he explained that when we compare the rates they were getting, despite the fact that they were captive to the rates they were getting in competitive U.S. markets, they were pretty much on par.
I'm very concerned about upsetting the balance that has been struck in long-haul interswitching. I see certain measures being proposed in the amendments that could cause the railways to not be economic. I think we have a lot of measures for shippers that I'm very, very happy about, but if the railways aren't thriving as well, the whole system could collapse on itself.
I'm hypersensitive to measures that will in a major way change the balance that has been struck through the consultation process that, frankly, a lot of witnesses said was quite good. I'm very hesitant about these very major amendments to the long-haul interswitching system.