Thank you.
Every presentation has been fascinating. Since I have very limited time, I'm going to try to really focus my questions. I'd like to keep them short so we can move through them.
Mr. Christou, I want to begin with you, because this issue of upcoming deregulation in 2009 and what possible impact it's going to have on CBC hasn't been, as far as I'm aware, brought to this committee before. Can you just clarify this, so the committee understands clearly what's at stake here?