Thanks, ladies and gentlemen. We're glad to be here this afternoon. There has been a little bit of a break since we last spoke to you on CEPA. I know that you've had quite a full agenda since then, dealing with a number of other issues, but you have also heard from a variety of witnesses on CEPA.
We were asked by the clerk to focus our presentation primarily on an overview of CEPA—how it works, how it's structured, what we do under it—so that's going to be the bulk of the presentation. We're certainly happy to answer questions on any issue. I'm in your hands, Madam Chair, but I'm happy to be interrupted at any time, or we can finish the presentation and then answer questions.