Thank you, Mr. Chair.
Thanks to the witnesses for coming today.
My first question is actually for Mr. Leonard.
Canada's ports compete internationally, Mr. Leonard, for cargo, investment and long-term commercial relationships. I'm looking to see, from your perspective, sir, what the economic consequences are when there's prolonged labour uncertainty with respect to international customers. We've heard that international customers have questioned the reliability of Canadian transport networks, based on employer-employee disruptions. I wonder if you can speak to the economic consequences, sir.