This decrease comes mainly from remuneration and recruiting expenses, partially offset by increased business development and travel expenses, and higher internal improvement project costs.

Nov 14, 2023 / receipt, needs a key / Claude Thibault, CFO | earnings call 2023-11-14 | transcript 6fc3bdd3-074c-4725-b4a3-3eeaeac58dba | chars 11277-11465 | segment 11

On a sequential basis, expenses increased by $800,000 from $30.4 million for the second quarter, driven by sequential increases in certain discretionary spending categories, such as travel, business development, information technology and communication costs, as well as an unfavorable U.S. dollar exchange rate impact on our US dollar denominated expenses, both partially upset by reductions in certain other expense categories.

Feb 14, 2023 / receipt, needs a key / Claude Thibault, CFO | earnings call 2023-02-14 | transcript 6b48dc23-0156-4cd9-ac97-fe3da6adc07d | chars 12504-12933 | segment 12