That's why I mentioned the $22 million at the beginning.
One of the problems that affects businesses, and especially small businesses, is the 15% to 35% increase in the cost of lettermail service, which is one of Canada Post's most lucrative services. This will lead to a job erosion rate of at least 6% in small businesses. Small businesses hire about 800,000 people. Thus, nearly 50,000 jobs in small businesses will be lost because they will not have time to adjust to that increase. In the past, rate increases were about 3% a year.
Madam Minister, when you decided to support Canada Post, did you study the possible repercussions this plan would have on small businesses and charities?