Thank you for coming.
As you may be aware, the government introduced certainly the thickest budget and probably the biggest and longest budget in decades just last week. There's so much in it that a lot of it gets missed in the media. I guess they will cover a lot of it in the coming weeks.
One of the things that has been missed generally is this indemnification program for museums and galleries, etc. It's the kind of thing that sounds pretty dry, but I understand it's very important to what you do in museums and galleries. I wonder if you wouldn't mind explaining to the committee what the program allows you to do, what it does, how it works, and also how much money it might save you if you in fact had to buy insurance for everything you did. What does it allow you to do with works and with having them travelling between institutions, etc.?