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Transport committee Do you actually want my EPS,that says what my EPS is? I'll give it to you; I have no problem with it.
April 3rd, 2014Committee meeting
Jim Vena
Transport committee I'm going to pass this off to Michael Farkouh, our vice-president of safety and sustainability, just to start off on how we measure the SMS. Before I do that, however, let me comment on employee engagement. We engage with our unionized employees, and all our employees, on a num
April 3rd, 2014Committee meeting
Jim Vena
Transport committee We usually have employees who get there very quickly because we're spread out. For example, in Winnipeg we have facilities very close. Usually if there's something, the first responder—the conductor is on site, the locomotive engineer is on site—will advise. Usually if you're wi
April 3rd, 2014Committee meeting
Jim Vena
Transport committee Did we do a specific risk assessment on...? We do a risk assessment on the totality of what we move, and the changes and the flows. We don't tie it...because there are changes in flows. Depending on where they're headed, it makes a big difference. We do have some risk assessm
April 3rd, 2014Committee meeting
Jim Vena
Transport committee I am not in the position to comment about that. I don't know what we did. I was not in that part of the—
April 3rd, 2014Committee meeting
Jim Vena
Transport committee I was in the U.S. for five years before I came to Canada.
April 3rd, 2014Committee meeting
Jim Vena
Transport committee We have liability and we look at what we need to carry for insurance, and we're carrying enough insurance. We have never had anything near the level of insurance that we carry—nowhere near.
April 3rd, 2014Committee meeting
Jim Vena
Transport committee I'm just telling you that we are very diligent in how we go through this process. I was asked by one of the members, and I'm sure he knew the number before he asked me, about the amount of revenues that we have. We have a responsibility as a company to make sure that we handle th
April 3rd, 2014Committee meeting
Jim Vena
Transport committee Let me add to that. At the end of the day, we don't own the cars. At CN we're changing out the cars we own. We have a plan. We just can't get it done in faster than three years, so we're going to take the three or four years to get it done. We'll do ones this year.
April 3rd, 2014Committee meeting
Jim Vena
Transport committee I understand, but we have been clear as a rail industry that we need the cars. We've said what new type of tank car we need in place and we need the governments to step forward and say it's time to change out the DOT-111s, looking at everything and how fast it can be done. We wou
April 3rd, 2014Committee meeting
Jim Vena
Transport committee That number comes from the Association of American Railroads which gathers all the information from all the railroads. It came up with a number of incidents out of everything that was moved. It wasn't CN or us specifically. It was the AMR.
April 3rd, 2014Committee meeting
Jim Vena
Transport committee The criteria is very simple: if you have any incidents at all with tank cars that are moving the product. If there was an incident, that gets counted as an incident. It doesn't have to be a major incident. It could be any incident that was reported, very minor, but it still was a
April 3rd, 2014Committee meeting
Jim Vena
Transport committee May I add something to that comment, please. In the Canadian economy, these products that we ship are necessary. We use them in a number of products in Canada, such as chlorine in drinking water. It has to get to market. How is it going to get to market? I'm not asking it as a
April 3rd, 2014Committee meeting
Jim Vena
Transport committee I am. I'm sorry.
April 3rd, 2014Committee meeting
Jim Vena
Transport committee [Inaudible—Editor]
April 3rd, 2014Committee meeting
Jim Vena