Thank you, Mr. Gaudet, and thank you, Mr. Barrett, for coming and speaking to us today. This is my second time on P.E.I. and it's nice to be back. I used to work with an islander and she used to say great things about all the places I should visit when I come back.
I want to start by saying that the past year's performance of a corporation is not an indication of future success. You could look at Nortel, and look at BlackBerry, you could look at Canada 3000. Quarter after quarter, Canada 3000 was successful and the last quarter bankrupted the company.
I come from the chamber of commerce world. I come from the HR world where salaries and wages are always the most expensive line item in every single business.
Mr. Barrett, I want to pick up on something Mr. McCauley was talking about, which is the bargaining process that Canada Post goes through. They're trying to work out an agreement. They're trying to avoid a labour disruption, both employer and employee, but there's always the potential for one. They do have a monopoly over the delivery of mail, and in the middle is the customer waiting to see what happens. So over the summer what was your company doing? What were you doing in terms of planning to try to take into account that there might be a labour disruption?