Good afternoon, everyone. As it is 3:30 p.m., we will begin.
Before we get started, I want to let you know that the bell will probably ring for votes at 5:15 p.m. So we will have to end the meeting 15 minutes early.
I want to thank the three witnesses with us—Mr. Péladeau, Mr. Elder, as well as Mr. Zushman, from Winnipeg, who is joining us by videoconference.
Without further ado, we will begin with a 10-minute presentation by each witness. As usual, that will be followed by a question period for committee members. I yield the floor to Mr. Péladeau. You have 10 minutes for your presentation.