Thank you, Mr. Chair.
Hello everyone. Thank you for being with us today in the wonderful city of Regina.
I'll begin with you, Mr. Nixon.
I'll start with a short introduction, and then I'll ask you three questions.
There are two models that will ensure Canada Post's survival. There are two different paradigms to make it sustainable. These two models were presented by various witnesses over the past few days and weeks.
According to the first model suggested, for Canada Post to survive in the long term, its services need to be reduced and its infrastructure needs to be consolidated to ensure its profitability.
According to the other model or business plan, the crown corporation must expand its range of services, for example by launching a postal bank or taking care of passport applications.
Which model or paradigm should Canada Post adopt? You're the chief executive officer of a large financial institution. Surely you must know a great deal about the model that will best ensure the survival of the great institution of Canada Post.