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Transport committee  I don't want to correct you, but I think you said 12.5 miles an hour for Lac-Mégantic.

March 24th, 2015Committee meeting

Jim Vena

Transport committee  We have done risk assessments. We have not done a specific risk assessment for a liquid of that volume. We do operate unit trains of ethanol in different parts of our railroad. We do operate trains that are as—

March 24th, 2015Committee meeting

Jim Vena

Transport committee  No, and that's something that we are going to look at. We've already looked outside at TTCI, and we'll hire some experts to see if there's something we're missing. We don't think so, but it's not a question of not thinking so; it's a question of opening the book and looking at ev

March 24th, 2015Committee meeting

Jim Vena

Transport committee  Every week, we do a minimum of two, plus we have employees on the trains who tell us what's going on. There are hundreds of thousands of inspections of the railroad and cars, plus automated sensors and ultrasound. I would say that it's in the hundreds of thousands in each area. I

March 24th, 2015Committee meeting

Jim Vena

Transport committee  We haven't changed the speed that we operate at as a maximum speed. We operate our freight trains at a maximum speed of 60 miles an hour, as long as the configuration of the track is such that it can handle it. We have never changed that. It's limited by curvature, the type of tr

March 24th, 2015Committee meeting

Jim Vena

Transport committee  The majority of the $1.3 billion is rail and ties. I don't have the exact—

March 24th, 2015Committee meeting

Jim Vena

Transport committee  The last one was a rail break. They were different, and that's why you have to examine each one of them. You have to step back and not look solely at the cause. We also look at whether people were doing the right thing and whether the inspections were done properly. We look at

March 24th, 2015Committee meeting

Jim Vena

Transport committee  I would say that it's more than a billion dollars.

March 24th, 2015Committee meeting

Jim Vena

Transport committee  That is not the way we look at it at all. The nature of the business that we're in is that we're moving railcars, and with rail and weather, it's an outdoor sport. Every accident for us is important. It's every accident that we'd like to deal with and see if there's a way for us

March 24th, 2015Committee meeting

Jim Vena

Transport committee  There are permanent slow orders set up because of the configuration or the curvature of the track. We have track speed, class of track, and we have permanent slow orders. Those are there permanently across the whole network, all 22,000 miles. It's not all at 60 miles per hour.

March 24th, 2015Committee meeting

Jim Vena

Transport committee  I do not have that number with me. I apologize.

March 24th, 2015Committee meeting

Jim Vena

March 24th, 2015Committee meeting

Jim Vena

Transport committee  Listen, we do our own investigation. I think it's preliminary but we do have a number of experts internally on the railroad, and we are more than willing to send things out. The first indication is that we had a rail break. It's more important, though, to look at—

March 24th, 2015Committee meeting

Jim Vena

Transport committee  Well, SMS.... I could go on for about an hour.

March 24th, 2015Committee meeting

Jim Vena

Transport committee  I do. Listen, it's not up to me to decide, and I don't think it's up to CN or any company to decide. It's the House of Commons. It's the government. It's all the parties. You guys get to decide that, not me.

March 24th, 2015Committee meeting

Jim Vena