We will recommence with our second panel. Welcome, all, and thank you very much for being here.
I will invite each of the panellists to make some eye contact with me occasionally as you're doing your presentation. I do not want to cut you off at five minutes, but I am forced to. So I will give you an indication that you have one minute remaining or less, and then I'll cut you off. That's what the committee has told me I have to do. That's in order to allow the committee members to ask you questions and for you to engage in a dialogue with the committee members here today.
We are the House of Commons finance committee. As you know, we are empowered with the responsibility of preparing recommendations to the finance minister for the upcoming federal budget. We appreciate very much the information you've provided us with already. We look forward to the further information you will give us in your presentations and your responses.
We will commence with the representative from the Canadian Association of Research Libraries, Mr. William Maes. Welcome, sir, and take it away.