Thank you very much, Mr. Macdonald, for your presentation.
Ms. Hendricks, welcome to the agriculture committee. I don't know if you've had a chance to be here since your appointment to Farm Credit Canada. Congratulations. We certainly look forward to working with you.
I will give the floor over to you. I don't know if it will be you or Mr. Gervais who will be speaking, but hopefully we have a chance to get together in the future.