Mr. Speaker, I thank my colleague for that comprehensive question.
As the budget announced, the government is going to sell the 13,000 hopper cars which are owned by the department. Next week the department will be inviting proposals from potential financial advisers with knowledge and expertise in both rail financing and the grain industry who will assist in drafting the terms and conditions for the transfer and the terms of sale.
When considering proposals I can assure my hon. colleague that the interests of producers, shippers and the railways will be taken into account. The objective is to make the most efficient use of these cars and to achieve maximum benefit for the Canadian taxpayers.
How much will be achieved in the sale, I cannot at this time state.