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Transport committee  I can speak to that. The biggest investment we make in R and D really is in supporting the R and D done by our suppliers, by buying their new products. For example, when you spend $3 million on a locomotive to get a more fuel-efficient, lower-maintenance, more powerful locomotive

June 12th, 2012Committee meeting

Mike Roney

Transport committee  Thank you for that question. We'd be very pleased to talk about it, and yes, we do get it. We can't be doing this. That is why we're putting the money forward now; we started about a year ago. Of course, it started by fact-finding, as every good project does. So we started tracki

June 12th, 2012Committee meeting

Mike Roney

Transport committee  At Canadian Pacific, I'd say it was probably 10 years ago that we did that sort of a forward look. We projected at that time that the electricity costs would be below the trend line for fossil fuels, so that there would be a benefit, but it would tend to track that trend line. Re

June 12th, 2012Committee meeting

Mike Roney

Transport committee  I'll just add a bit to that. We have been fairly successful in intermodal business. I know that over the past five years Canadian Pacific's intermodal business has been growing by 6% per year, so there has been some modal shift. I think that would all change if we lost a big ch

June 12th, 2012Committee meeting

Mike Roney

Transport committee  It's in the neighbourhood of about $600 million or $700 million a year.

June 12th, 2012Committee meeting

Mike Roney

Transport committee  If I could add to that a little, I think really the best thing to do is to try to make sure drivers don't become fatigued in the first place. We've done a lot of research that has looked at biorhythms. We actually have a software program we use that keeps track of people's roster

June 12th, 2012Committee meeting

Mike Roney

Transport committee  I agree. Yes, the technology is there. We have done studies in the past and convinced ourselves that with some issues.... If you're trying to, for example, use electrification adjacent to non-electrified lines or mix commuter rails with freight rails, some things still need to be

June 12th, 2012Committee meeting

Mike Roney

Transport committee  Thank you very much. It's great to be here. When I joined the railway as a young engineer in the seventies, my friends thought that was kind of crazy. At that time, of course, a locomotive would pull into a station and the locomotive engineer would pick up a piece of paper. Th

June 12th, 2012Committee meeting

Mike Roney