Mr. Speaker, I want to talk a bit about how important this legislation is for the province of Saskatchewan, in particular, Canpotex, which ships potash.
The company's inland rail car network winds through more than 1,600 kilometres of rugged terrain and severe climate challenges to reach its export terminals on the west coast. To better accommodate this journey, the company has a fleet of almost 5,000 rail cars, customized to handle the bulk density. The company's specialized rail car design results in an increase in operating capacity. However, it wants to point out that it has a partnership with Canadian Pacific and Canadian National Rail in Canada, and with Union Pacific in the United States.
The company recently signed a 10-year agreement with CP, CN and UP, and the agreements have helped to secure needed transportation. That tells me that this shipping bill is a good balance because the company is already working very well with the rail.
The member spoke earlier about how important the bill was to have a good balance. I believe this is a good balance. Would the member like to elaborate on that?