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Agriculture committee  We're not waiting for Bill C-49 to pass. We're going to invest $250 million in the network, following our announcement two weeks ago of $3.2 billion for the year. We're not waiting for Bill C-49 to pass. Bill C-49 comes out of a consultation by the minister and David Emerson ov

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  I would like to clarify something. We are not blaming it on the winter. Nonetheless, when winter arrived, we were not as well prepared as we should have been, and we admit that. So that is why we announced specific measures. In particular, we increased the number of locomotives a

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  In February, we provided grain producers an average of 3,400 cars during the worst part of the winter. We were able to increase that to 4,500 cars three weeks ago, and to 5,000 cars two weeks ago. We clearly indicated that the capacity of the network and of the supply chain was

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  Obviously passing Bill C-49 through the House of Commons would possibly be a good step in the right direction, first of all. Second, I think that part of that bill will require that the railways exchange information. We realize today that this impacts not just farmers and the fa

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  If I may, we have taken very concrete steps since 2014. As an example, CN's annual capital investment last year was $2.7 billion. This year it will be $3.2 billion, an increase of $500 million. We set a big number for capital. It's a great network that we're investing in, but cle

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  In 2014, as we had the order in council, CN committed under the order in council to move x tonnes of grain on a weekly basis. Obviously, when it came into effect in March of 2014, the weather broke two weeks later, and all the grain was moved before the end of the crop year. We u

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  I guess the same idea would be that orders in council don't move grain; doing that requires that the railways face the issues up front and do so in a very organized fashion. Obviously, in 2014—you can debate whether it was required or not—as soon as the weather broke, both rail

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  If I may, obviously with Bill C-49 being in the Senate, CN's position is very clear: pass it as soon as possible. The benefits are probably twofold. First of all, it will provide additional tools to our customers to hold the railways more accountable, which is not a bad thing i

March 19th, 2018Committee meeting

Sean Finn

Agriculture committee  Thank you. Thank you very much, Mr. Chair and members of the committee, for the invitation to appear before you today. Our colleague and newly appointed CEO Jean-Jacques Ruest has asked Michael Cory and me to be here to talk about CN and our current challenges in western Canad

March 19th, 2018Committee meeting

Sean Finn

Transport committee  Can we send the answers to your questions?

September 27th, 2016Committee meeting

Sean Finn

Transport committee  Even if we imposed quotas, if the grain is not available for either climate or temperature reasons, we can't lengthen our trains to increase the volume of goods. Strictly speaking, it wouldn't have had an impact. We wouldn't have reached the quotas and we would have been penalize

September 27th, 2016Committee meeting

Sean Finn

Transport committee  Maybe, but the obstacle was the network and railcar capacity. We could have exceeded the quotas if the network had had more railcars available and if there had been the capacity to receive more deliveries. However, since the crop was substantial, as soon as the temperature warmed

September 27th, 2016Committee meeting

Sean Finn

Transport committee  If I may, in the U.S. it's important.... It's not just reciprocal in the U.S., it's commercially negotiated. It does happen that U.S. railways interswitch with each other, but it's based on a commercial negotiation at commercial rates. They don't have regulated rates that don't

September 27th, 2016Committee meeting

Sean Finn

Transport committee  Good morning, Madam Chair. My name is Sean Finn. I am executive vice-president, corporate services, at CN.

September 27th, 2016Committee meeting

Sean Finn

Transport committee  Thank you, Madam Chair. Hello everyone. My name is Sean Finn and I'm the executive vice-president of CN. I'm joined by my colleague, Janet Drysdale. We appreciate the opportunity to meet with the committee to share CN's views on Bill C-30, the Fair Rail For Grain Farmers Act. I

September 27th, 2016Committee meeting

Sean Finn