2004 Travel and Hospitality Expenses

Donald A. Wright, Chairman of the Board

  Transportation and travel 6,511
  Accommodations and meals 1,581
Hospitality 0
Total expenses 8,092

The above amount represents travel expenses related to Mr. Friend's participation at two Board meetings held in Montréal in October and December 2004. Mr. Friend lives in Calgary.

Paul Côté, President and Chief Executive Officer

  Transportation and travel 3,413
  Accommodations and meals 515
Hospitality 515
Total expenses 4,114

These expenses include cost for travel to Vancouver for a meeting with the Railway Association of Canada in October 2004 and expenses incurred for a Board of Directors meeting held in Montréal in December 2004.

October 1 to December 31, 2004