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Public Accounts committee I think it would be a mistake to do that, to be honest with you, sir. I think we should look somewhere else. The reason we insisted so much over time on getting this investment was because the assets were in dire need of being improved and significantly modernized. There is no
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee It is an investment of VIA Rail into the CN infrastructure. It is based on the premise that with the third track—longer sidings, longer passing tracks—trains will circulate at higher speeds, and more trains will be available on the network.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee This is part of the $690 million program. That's $300 million or so.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee Yes, $300 million of the capital program is directed to it.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee We're better positioned to bring in more trains, at higher speeds. But it doesn't give us ownership or control over the track.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee First of all, let me address your first two points. Yes, we will do that. In fact, if you like, we can leave behind today a current update that we have on the recommendations and the action plan. We've brought copies. We can leave that with you, Mr. Chair, and at your request
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee Okay. We'll do that. Similarly, on the train service agreement with CN, other than those issues that are of a confidential nature, that are commercial, we can certainly give you an outline of the highlights, the major changes in this agreement from previous ones. As I said in m
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee We did carry that.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee You will see in the report that I will leave behind that we did act on all those recommendations. We have in fact, on the information technology security issue, made some changes already and are working on more changes to protect intrusion and to protect all the information that
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee I appreciate that.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee We're not cutting right now.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee Yes, we may have to do that.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee In our new agreements with the short lines, we incorporate a need for them to do regular track inspections and report to us in writing about those track inspections, based on federal standards.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee Of course, once we get the report, if the report indicates an incident or situation that could be problematic, we react right away.
October 7th, 2009Committee meeting
Paul Côté
Public Accounts committee It will have a significant impact because of the investment programs we're working on. If I may segregate them this way, first of all and foremost are the locomotives. Our locomotives are 25 to 30 years old and are obviously not as reliable as they were when we purchased them.
October 7th, 2009Committee meeting
Paul Côté