Q: Would you comment on the relative minvestmetn merit of our two large railways with or without a successful merger of CP with KC?

Q: If commodities continue to rally would you see the rails as a good lower risk proxy for the sector. Which of the two rails is cheaper on valuation.

Thanks

Q: Looking to add a transport for my industrials sector exposure. I have a bit of cargojet. I'm about breakeven. With the recent pullback, thinking of high grading and dumping cargojet for CNR or TFII. Wise decision? If so, which do you prefer?

Thanks!
Jason