Thank you very much, Mr. Chair.
First of all, I would like to thank you and congratulate you on how you handled the bluefin tuna and the quotas. I understand it's a challenge where it's fished around the world, so thank you for that.
On page 34 of the department's corporate business plan it says that the capital reinvestment is “insufficient to upgrade aging infrastructure and equipment”, and that “could affect service delivery and endanger shipping and mariners”.
Mr. Grégoire, I'd like you to comment on that, considering that your budget was $540 million of authorized spending in 2013 and only $448 million was spent. The fleet's maintenance budget was planned for $138 million and only $107 million was spent, and the fleet procurement budget was estimated at $115 million and only $62 million was spent. Looking at your corporate business plan indicating that it's insufficient and could cause a danger to shipping and mariners, I'd just like you to elaborate on that.
Being that it's my last question probably for you, thank you for your service.