Thank you very much, Mr. Pearson.
We're going to move now to our opening round of questions of seven minutes each.
I just want to point out to committee members that on your agenda there was a note that we have a short in camera meeting from 5:25 to 5:30. There are a couple other issues we would like to discuss so we are going to end the open session at 5:20.
We will begin now with our first round of questions, starting with Mr. Sopuck from the Conservatives.