We have a number of initiatives under way. I would speak specifically to what we do in the labour program to promote constructive union-management relations in our federally regulated workplaces.
We have the federal mediation and conciliation service, which obviously is active. It will continue to provide dispute resolution and dispute prevention services, both to trade unions and employers, under the jurisdiction of the Canada Labour Code. We've had excellent results and excellent feedback from unions, employers, and employees on this issue. This includes, of course, the opportunity for conciliation and mediation services for parties that are engaged in collective bargaining.
The FMCS is also currently undertaking a review of our preventative mediation services. We hope they will then help improve ongoing relationships, outside of just when disputes happen, and keep open those lines of communications between employers and unions.
One of the things we administer under the labour program is the labour-management partnership program. This is specifically aimed to encourage effective labour relations, which is incredibly important, especially right now in this global economic crisis. The program provides funding assistance to support efforts by employers and unions to explore new ways to communicate with one another. It sounds very simple, but it's incredibly important in this day and age.
Subsequent and further to that, we are also engaging to modernize part III of the Canada Labour Code. I've launched consultations. Part III actually hasn't been updated since before I was born, so we think it's timely to do that. We think employers and unions have a lot to say. We're engaging our stakeholders and other parties in Parliament as well to come up with some consensus amendments and consensus ideas on ways to modernize part III of the Labour Code and modernize our labour standards in Canada.