Thank you very much, Senator.
Thank you all for your comments today.
As a quick item of housekeeping, committee members, have your amendments to Bill C-25 to the clerk by five o'clock on Monday, s'il vous plaƮt. The meeting will be on Tuesday, with clause-by-clause from 12:30 to 1:30 on Bill C-25, but we'll precede that with an appearance by finance officials in regard to the pre-budget consultations. That will begin at 10 o'clock and go until 12:30.
Very good. We'll continue now with questions.
You have six minutes, Mr. McCallum, to commence.