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Transport committee  Regarding truck drivers, just to add to Joel's comment, we couldn't get fuel to the sites because we were short of truck drivers. We flew some in from the east coast. We can afford to do that at times because it is a volatile market and we'll take advantage when we can. That's so

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  I guess I'd highlight first the gateway funding that was announced on the north shore, which helps alleviate some bottlenecks for us. We're looking forward to that as we move forward to 2021. As a producer, we're investing to improve our inventory stockpiling at the sites so tha

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  Thank you. I guess at a high level, global demand continues to grow as people move to middle class. The population of the world is getting bigger, and there's increasing demand for Canadian resources in agriculture and forestry. We're blessed that way. This is the challenge we

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  At a high level, we hope for increased transparency so that we understand what an appropriate level of return is for a rail company based as an infrastructure company. Commodity producers take on a lot of risk, so we're always trying to determine what's fair so that we divide the

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  On our side, there are forums where we can have conversations. The port of Vancouver and other groups facilitate that. Also, because we're such a material partner for CP Rail and Westshore, we try to have coordinated meetings. CP Rail service, unlike CN this year, has met its co

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  That's fair enough. That's one component, but if you look at CP's profit earnings releases, you'll see it makes a pretty high margin on that. Distance is one factor, but you get efficiency when you're going over such a large distance.

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  Thanks for the question, Ron. To respond to your first question around costs, the way we look at our business is that we compete globally. There's no purpose in talking about capacity if you can't compete with your peers. We compete against Australia and against the U.S. into As

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  Teck's logistics costs are double that of our Australian peers, for two reasons. One is monopolies, or a captive shipper. The second one would be that we're 1,000 kilometres from tidewater. In fairness to the railway companies, that adds a bit of a challenge. The reason we focus

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  I'm new to this, so I guess I'll go first.

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  No problem. I'm looking forward to the discussion.

September 26th, 2018Committee meeting

Michael O'Shaughnessy

Transport committee  I just won't look at you, then. Madam Chair, members of the committee and fellow witnesses, good afternoon, and thank you for inviting Teck to participate. My name is Mike O'Shaughnessy, and I'm the director of logistics for Teck Resources, headquartered in Vancouver. Teck is h

September 26th, 2018Committee meeting

Michael O'Shaughnessy