Thank you very much, everyone. That's great.
As a quick reminder to our guests, if you're using the microphone on the cord, please hold it close to your mouth.
Ms. Stewart, if I could get you to get a little closer to your microphone, that would be great. We've had a few audio issues—nothing serious—but if you could get closer to the mike, that would be great.
Now we will go to our questions. Again, because we are all primarily in this virtual world, to help us along, I would ask that my colleagues, the MPs, please name the person they're directing their questions to.
To start, we have Mr. Waugh from the Conservatives.
Go ahead.