Transport committee  One thing we haven't talked about here is self-insurance. The two major railways in Canada have significant amounts of self-insurance, $1.2 billion to $1.5 billion. Our member companies, too, self-insure to a certain extent. These rate premiums we've been paying have gone into wh

Transport committee  Exactly. But there has to be a solution, and there needs to be one found, absolutely.

Transport committee  There's the receiver in there, too, right?

Transport committee  It's something we're currently preparing, and we'd be willing to share it with you when we have that available.

Transport committee  Thank you, Mr. Chairman. Thank you to the committee for the opportunity to present to you here today. Transportation safety is a top priority for Canada's chemistry industry. Our member companies support this committee's review of rail safety and safety management systems, as w

Transport committee  Are you talking about the review process, Mr. Adler, or about the writing of the legislation?

Transport committee  I think the review process was very well done. It came out with results that supported what we'd been saying for a while. Again, I just want to re-emphasize that what we're looking for here is sustainable long-term improvements in service. Looking at two months, looking at a yea

Transport committee  I don't know whether it's 95%. I can say that service has improved, but again I qualify that. The economy is not doing very well. Conditions are very different from what they were between 2005 and 2008, when we were having to slow down plants.

Transport committee  Two-thirds.

Transport committee  But that's not competition in other modes; that's just whether we have CN or CP.

Transport committee  But let me just clarify here that the two railways don't necessarily compete. Although we have interswitching regulations, they don't work all the time. So to say that we have the choice and one choice is better than the other, that would be—

Transport committee  You may.

Transport committee  When you do have two options, whether it be because you're within an interswitching zone, which is if you're within 30 kilometres of another line...under the regulations the competing railway has to quote a rate so that you can use that line to get to the other railway. Often the

Transport committee  I'm not going to speculate on that, but that's what our members tell us.

Transport committee  That's fine, thank you.