We will resume.
For the second hour of our study on social financing, we are very pleased to have with us here two guests. From the MaRS Discovery District, we have Adam Jagelewski, the associate director. We also have Sarah Doyle, the senior policy adviser.
Obviously you know our scenario here. You will have up to 10 minutes each, or you can use your time as you would like, cumulatively or separately. After that particular point, we will open the floor to questions.
You have the floor.