Welcome to our witnesses. We're really glad that each of you could be here with us today.
The way we work is that each of you will be given 10 minutes for your opening comments, and then we'll go into a round of questions, generally six minutes from each member, rotating among the various parties.
I use a card system. When you have one minute left, I will give you the yellow card. That's just a warning to be ready to start wrapping it up. That includes both time during your statements and during the question and answer period. When you get to the end of the time period you have been allotted, I will give you the red card. You don't have to stop mid-sentence, but when you get the red card, just wrap up your thoughts, and then we will move on to the next round of questions.
This is a continuation of a study we were working on before Christmas. It was on international leadership. The request or discussion from the committee was that we wanted to have a bit of time, so we're allocating four hours to discuss pricing pollution. That's really the theme today, under the context of international leadership.
As we get to each of you, I will introduce you.
Mr. Leach, would you like to start? I believe you're appearing today as an individual. With that, please start with your 10-minute opening statement.