Thank you very kindly.
I was listening very carefully when Mr. Moloney actually expanded on the definition of value for money. I appreciated that very much. I can recall when the President of the Treasury Board announced these different savings. He actually categorized four areas in which we would achieve savings. One was value for money, and another was unused funds, the third was efficiency, and the fourth was non-core programs.
I'm wondering if you could elaborate and expand upon those definitions as well, so that this committee can understand more thoroughly how the cuts are broad-based and how they can become more effective.