Thank you, Ms. Michaud.
We will now move on to questions.
As you know, every member has a total of five minutes of speaking time to address the witnesses.
We'll start our round of questioning with each member having five minutes to engage the witnesses. If for some reason you're unable to answer a question because the time has run out, there's an opportunity to do so the next time you have the floor. I wouldn't worry about not being able to get your viewpoint out there.
We'll have Ms. Romanado for five minutes, please.