Dennis Bevington at the Transport, Infrastructure and Communities Committee

Thanks, Mr. Chair.

You say here that Canada Post's overall costs are now less than they would have been with Air Canada. The bid from Air Canada came in April of 2008 when fuel prices were escalating dramatically. Does your statement stand up if Air Canada was dealing with the same fuel costs today as Purolator? In other words, does the total cost bear the fact that the fuel cost went down dramatically shortly after you signed the contract with Purolator?