Thank you, Mr. Chairman.
I would like to thank all of you for being here today.
With respect to the problems facing Nortel employees, we are certainly extremely sympathetic. However, I would like to put in context what Mr. Gagné said earlier about the economic crisis and everything else that is occurring in various sectors of the Canadian economy. It has to be said that the current economic crisis is the most significant one we have seen since 1930. There were quite a few others between the two and there have been ups and downs. The fundamental difference between this crisis and all the others that we have weathered in the last 100 years is the speed at which it hit us. It has had a significant impact on today's realities.
Having said that, Mr. Gagné, I would like to address my question to you in particular, because you made a number of interesting comments earlier. You talked about innovation in the union movement, mentioning the member-funded pension plan. That was the term you used. Perhaps you could enlighten us further.