Thank you, Mr. Chair.
It's great to be on this committee. I come from Cape Breton Island, and it's great to hear from two-thirds of you, and to learn from you, Lori, about the work that's being done across the country. It is really important.
There are a couple of things from the testimony that I want to highlight in the very short time we have.
I'm big on unpacking words. I come from the not-for-profit world. When someone says “operating”, my ears perk up, because in the not-for-profit world writ large, you're asked to do projects to obtain money to do them, which is fine, but it doesn't address the underlying challenges and opportunities.
Three of you mentioned this in a roundabout way—you directly—with respect to “capital” and “operating”. I'm wondering if you can unpack those words. I know what capital is. I know what operating is. I wonder if the three of you can unpack, within capital, consistent themes under capital, and within operating, consistent themes under operating.