Welcome. Order. Pardon my French, but I'm just starting.
I would like to welcome the witnesses and members of the Standing Committee on Finance.
The mandate of the House of Commons Standing Committee on Finance is to study and report on the budgetary policy proposals presented to the federal government. This year, the theme is Canada's place in a competitive world. We've asked you in advance to limit your presentations to five minutes, please, even though we know it is not easy to do so. We will nevertheless respect that limit. If you want to glance over at me, I'll give you a signal when you have a minute or less left. At the end of five minutes, I will ask you to wrap up, all in order to promote discussion with the members and so that you can answer their questions.
We'll begin immediately by turning the floor over to a representative of the Mouvement des caisses Desjardins, Mr. Yves Morency, Vice-President.
Welcome, Mr. Morency. You have five minutes.