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February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  As we do every year. I will tell you that last year we grew faster than the economy by about $300 million. That means we gained market share. We gained market share in intermodal. We gained market share in potash. We gained market share in coal. We gained market share in every on

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  I feel it was biased. I can understand why there was a rail service review. I've said in other forums that CN has been perhaps the most important reason there was a service review in the first place. It started about eight years ago, in 2003. For three or four years we implemente

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  I would say that, if Mr. Gratton wasn't always with Mr. Tougas and I were to speak with his customers, we could probably come to an agreement in most cases. When you create legislation that allows not only for commercial negotiations, but also for the use of a regulatory tool to

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  Mr. Miller, could I just say one more small thing?

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  It's not further debate, but it is quite unprecedented that we would even consider opening contracts that have been negotiated in the past, and that we would do so in a way that separates the normal negotiation of price with that of service. In no other business in the world, in

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  I think it's a very real risk. I was surprised. I think it's FPAC or the coalition yesterday that made this suggestion. The railroad industry is like a bus service. You cannot pick up everybody first, and you cannot leave, get someone, and drop them off first. You have to have a

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  Actually, we have gained about $900 million of market share over the last three years while we're debating service, so we're doing something right. We have hit the export record in mining. We've hit the export record in grain. We're gaining market share against every mode, includ

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  Yes, that's our mantra, that we are the most efficient railroad. There is no way we can cut costs the way we did over the last 15 years. The only way we can satisfy our shareholders is if we grow faster than the economy. The only way we can do that, and I say it in every forum—in

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  If I don't provide good service for an extended period that's not excused by weather or network issues, I would lose my job, sir.

February 28th, 2013Committee meeting

Claude Mongeau

Transport committee  If it's there.

February 28th, 2013Committee meeting

Claude Mongeau

Agriculture committee  We're providing you with a short presentation, in both languages. I don't intend to go through all of it, but I thought it would help to frame the issue. It's been a very difficult winter, and I think it's important that we follow the facts if we want to make the right policy. Th

April 1st, 2014Committee meeting

Claude Mongeau

Agriculture committee  We do have plans and we meet the demand every year in grain, except in exceptional circumstances like this year. It's not perfect. People would like us to surge even more in the fall and park cars in the summer. We have to find the right balance. In terms of moving grain, the ave

April 1st, 2014Committee meeting

Claude Mongeau

Agriculture committee  I would say the following. Keith used to be my COO, and we did that, so we can take credit for that while he was at CN, and I know they're doing it at CP. We've actually expanded the concept of service level agreements across Canada. It's caught on like wildfire in the intermodal

April 1st, 2014Committee meeting

Claude Mongeau

Agriculture committee  I can tell you one thing: at CN we moved the equivalent of 63 million tonnes last year. We can move next year on last year's assets. So we are able to surge, and we surge from year to year because grain moves up and down. It has always been like that. We've never had any crop tha

April 1st, 2014Committee meeting

Claude Mongeau