Evidence of meeting #47 for Government Operations and Estimates in the 45th Parliament, 1st session. (The original version is on Parliament’s site, as are the minutes.) The winning word was going.

A recording is available from Parliament.

On the agenda

Members speaking

Before the committee

Ettinger  President and Chief Executive Officer, Canada Post Corporation
El-Hage  Chief Financial Officer, Canada Post Corporation
Brisson  Chief Operating Officer, Canada Post Corporation

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

At this point in time, we have had to delay that.

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

Did you put in place any renewable electricity contracts?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

We put some of those—

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

How much was that?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

I don't have that off the top of my head.

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

Could you get that to us?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

I can, for sure.

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

What about carbon offsets?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

We spent some money on that—

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

Can you tell us how much?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

We can get you that information.

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

What about consultants for this?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

The majority of the work has been done in-house. Internally, we have a team looking after this.

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

What about climate reporting and compliance costs?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

We have a great team internally that produces our sustainability reporting. That is available on our website.

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

I looked at your report, and it looked very fancy. If you did it with consultants, it looks as if it would be expensive.

Has Canada Post updated the estimate to account for inflation and higher capital costs? Are you looking at that with your internal people?

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

Absolutely. That's part of our yearly processes.

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

You've updated it.

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

Do you mean regular capital expenditures or specifically related to this?

11:45 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

I mean specifically related to this.

11:45 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

We update that every year, absolutely.

11:50 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

We'd like to get those numbers, then.

How about the unexpected repair and maintenance cost on the electric fleet? Have you guys looked at that at all?

11:50 a.m.

Chief Financial Officer, Canada Post Corporation

Rindala El-Hage

At this point in time, because we have such a small fleet, it is part of our estimates, but it is not significant.

11:50 a.m.

Conservative

Tamara Jansen Conservative Cloverdale—Langley City, BC

How big is the fleet?

11:50 a.m.

President and Chief Executive Officer, Canada Post Corporation

Doug Ettinger

It's 100 electric vehicles.