Thank you very much, Mr. Chair.
I'd like to start out with Mr. Gratton. You talked about an enabling regulatory environment ensuring better outcomes when it comes to conservation of habitat. You gave the example of Rio Tinto. I know of examples with Goldcorp and Teck, and many others in Canada that have had some good results.
In your experience, with your association and your stakeholders, have you had better results with mandates prescribed by government or with those that have some flexibility and more results-based outcomes?