Thank you very much, Mr. Chair.
Welcome to our witnesses today on the first day of this very important study, certainly for those communities in rural Canada that continue to be deeply concerned about the kind of service they are receiving from Canada Post.
I'm a member of Parliament from Saskatchewan. I represent a very large rural riding and I have actually heard from a number of constituents and communities.
Canada Post has been running fairly significant deficits for a number of years now. We've been made aware of that. In January, it was announced that Canada Post had sold two of its businesses, Innovapost Inc. and SCI Group Inc. It was a move towards refocusing itself on the needs of Canadians and focusing on the core business of Canada Post.
Can you tell us if these companies that were sold were running profits, or were they also running deficits?