Thank you.
Starting with Mr. Conway, your first recommendation is to monitor government spending and encourage spending restraint in light of the increasing deficit, and support for the parliamentary budget officer. This government shows no great enthusiasm for spending restraint, and certainly their support for the parliamentary budget officer is tepid at best. I think that's probably the best way to say it.
You probably know that this committee heard representations from Nortel employees and the executives. The concern arises that you're asking the government for spending restraint, but there doesn't seem to be any corollary spending restraint on the part of executives running large financial institutions and large companies in this country. I was wondering, in light of the Nortel debacle, in light of the huge pension meltdown, in light of the devastating circumstances in which many Canadians find themselves, whether your organization of Financial Executives International has actually addressed the issue of restraint on the part of executives and their salaries.