Thank you.
Treasury Board Secretariat reviewed its approach to managing employee and pensioner benefits with a view to increasing cost-effectiveness and enhancing accountability, and as a result of this review, changes were made to reduce the costs of managing and administering benefit programs and to better align benefit programs to employee and pensioner needs. As a result of this review, benefit plans will be aligned with industry standards, they will be more cost-effective, they will be balanced and effective, and they will support, I believe, the renewal of the public service.