Thank you for the question.
This is an active area for us right now, obviously, with a very changed set of circumstances. I would note that, prior to the pandemic, we had done some work to identify some significant opportunities to really optimize our office portfolio. There were estimates that 40% of our office portfolio was surplus to our needs at that time, and you can imagine that with hybrid work layered on top of that, we have even more opportunity to shift our portfolio.
We are looking at a more aggressive strategy for consolidating our real property, with a focus on our core Crown-owned assets. We think there's an opportunity to terminate some leases for lesser-used buildings and focus on some Crown-owned and make them accessible, green and better suited to hybrid work. We think we can achieve at least a 50% reduction—not a 40% reduction—and do that over an accelerated time period. That's the essence of the strategy we're working on right now.