Thank you, Mr. Chair. I'd be happy to do that.
First of all, obviously our organization is very respectful of the views of Parliament. In June, Minister Flaherty did write a letter to all financially related crown corporations, and in that letter he asked if the compensation principles complied with the G-20 principles on compensation. Just to explain to the members a little bit about those principles, they are that compensation is to be based on long-term performance, that it is not to encourage short-term risk, and that any incentive payments be paid out over longer periods of time, and completely in line with long-term performance.