Canada Post is in a very difficult position with declining mail volumes and such a large percentage of its cost structure tied up in labour. As I read the documents, I think there is an opportunity through attrition over the coming years. There's a large population of Canada Post employees who will be retiring and there's an opportunity there to reset the footprint in accordance with where the business is heading.
I think they should look at all elements of cost reduction. It's just smart business to do that. Obviously, the key there for Pitney Bowes and others in our industry is back to the affordable and predictable rates. Managing cost structure in this business with the challenges it has is very important. The path of last resort has to be pricing, because that would have a knock-on effect that I don't think the industry would be very pleased with.