Mr. Speaker, our government introduced a 10-year Canadian e-passport, which is more secure and gives Canadians more value for their money. Canadians purchasing the new 10-year passport will save money. They are paying $160 for the 10-year passport, compared to $174 in the previous system for two five-year passports. When revenues exceed expenditures in the passport program, they are kept in the reserve fund for years when revenues do not cover expenditures.
In the House of Commons on November 21st, 2014. See this statement in context.