I'll start with that, and then turn it over to Mr. Ieraci, who may wish to add to my response.
The funding of slightly over $1 billion allocated to Canada Post is a repayable loan to allow it to continue to provide the essential services that Canadians need.
Now, it's important to note that when we made the announcement about modernizing and transforming Canada Post in September, it was in recognition of the fact that although we had to support the Canada Post Corporation because it was experiencing significant financial challenges, the corporation needs to transform. The fact that the federal government has supported the corporation in such a significant way is not a long-term solution.
Mr. Ieraci, would you like to add more details about this process?
