Government Operations committee  Yes, I didn't come into the position having proposed the solution to solve the pension solvency issue, but it's absolutely part of my remit. It's part of my challenge to figure out how to ensure we have a financial plan forward, and part of that is going to be the pension.

Government Operations committee  On the governance model, no, I don't have any concerns. There is a skills-based board currently in place. If any of those board appointments change, I am quite confident, based on the process I've been exposed to, that it will continue to be a skills-based board going forward. As

Government Operations committee  We haven't released our annual report yet for 2017, so for that reason—

Government Operations committee  It will be tabled very shortly.

Government Operations committee  No. It's managed by an internal pension management group.

Government Operations committee  That's an excellent question. Again, that will be reported for 2017 in the new annual report that will be tabled, as I say, very shortly.

Government Operations committee  I don't have in my knowledge 2016, 2015, or 2014. I apologize, but I would be happy to report back to the committee on that.

Government Operations committee  I'm not aware that it's been considered in the past. I think the relief from needing to provide dividends back to the government is, from my personal perspective, very welcome for the corporation. We haven't talked at all, actually, about the capital investments that need to be m

Government Operations committee  —and one that needs to be transformed to be able increasingly to deliver parcels. While there is quite a bit to talk about in terms of the new path forward and being competitive, we haven't talked at all to this point about the capital investment that needs to be made in network

Government Operations committee  Well, in general, being available to the corporation to be successful in delivering its services: I didn't mean to say that it would necessarily be fully earmarked into capital investments. I just wanted to bring that up as another financial priority for the corporation.

Government Operations committee  Yes, for sure. In terms of its importance, it's of the highest priority, really, for the corporation to ensure that Canadians can receive their services in the way that is needed for them. For anybody with accessibility challenges, whether that's the elderly or anybody with a p

Government Operations committee  Speaking extremely generally, you could still consider about 50% to be letter mail, I think about 20% ad mail or neighbourhood mail—the terminology changes—and about 30% parcel. Is that what you mean in terms of a general breakdown?

Government Operations committee  I think, from all I've learned to this point, we're fairly confident that the trend will continue to be that the letter mail will shrink. It has a higher profit margin for the corporation. Parcels will continue to grow, but they have a slimmer profit margin. We think there is a t

Government Operations committee  Yes.

Government Operations committee  Yes. I'm actually very interested in exploring that. We were talking earlier with another member about the financial services that Canada Post currently provides, and about being open to new conversations about related services. This committee spoke quite clearly about sticking t