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Transport committee  I would just start. We had a review. That's one of the processes. One of the recommendations of the review was that there be a review every five years. All we ask is that it be five years from the time the previous review is agreed to as opposed to it constantly being in review.

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  We owe you an answer. We apologize.

June 11th, 2009Committee meeting

Marc Courtois

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  Most definitely.

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  The first concern was the timeframe in which to move the network. Do I remember specific discussions on conflict of interest? No, but I remember specific instructions to management to determine who would be able to replicate the Air Canada network. That's why the RFI went out.

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  If it is in the company's best interest.

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  You pay for the cost of fuel.

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  If I may, I want to clarify two things. First, our relationship with Kelowna Flightcraft is indirect and is completely different from the relationship we had with Air Canada. Air Canada transported our mail, whereas, under the indirect relationship that we have established with Kelowna Flightcraft, Purolator has chartered two of Kelowna Flightcraft's airplanes, pure and simple.

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  If I may, I would like to go back to what Ms. Greene said. First, Air Canada gave us 120 days' notice of termination of the contract. So we began by devising a strategy. I am talking about Canada Post, not the Canada Post Group. The first thing to do was to study the market. We asked four companies for references, including Purolator and Cargojet.

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  If I may, Mr. Volpe, Purolator is a subsidiary of ours. I would expect nothing else, since we have a majority of directors--

June 11th, 2009Committee meeting

Marc Courtois

Transport committee  Mr. Chairman, members of the committee, I am pleased to be here today to assure the committee that actions taken by Canada Post were appropriate and done with the approval and oversight of the board. Specifically, a key role of the board is to ensure proper governance for transactions above a certain threshold.

June 11th, 2009Committee meeting

Marc Courtois