Mr. Speaker, performance pay is not automatic for all senior executives.
It is a new way of paying those among them who have been set very specific objectives. It is a new approach to remuneration for that group.
Even the Strong report said that it was premature to reach a judgement on implementation at this time, because it is just beginning to be used. Next year, or the year after that, we will be in a position to know with some accuracy whether the objectives have been met.