Thank you very much for that question.
As I mentioned earlier, CMHC is very committed to continual improvement in our processes. We have made significant improvements to improve the client experience. Again, if there are any specific concerns that you have from proponents in your riding, we're very happy to respond to those on a one-by-one basis.
We continue to improve our processes and the application timelines. We try to establish very good relationships with proponents on the ground to make sure that their needs are addressed in an expeditious manner. We're always very happy to respond to any specific questions on individual projects that exist.
On the subject of CMHC's compensation philosophy, CMHC runs a government appropriations operation, but we also have a commercial business where we compete with private sector competitors. We're very conscious that we need to manage our expenses in line with government guidelines. We conduct benchmarking on an annual basis to ensure that our compensation is aligned with peer institutions in the private sector as well as the public sector.
I'm quite comfortable that the level of compensation we provide is reasonable—taking into consideration the need to make sure that we conserve taxpayer resources—but at the same time is sufficient to attract employees because we have a very important role in providing services to Canadians.