It is a pleasure for me, Mr. Chair, to join your committee.
I have a couple of questions, but one brief question to Monsieur Normand.
I would presume—and tell me if I'm correct—that prior to the minister making his announcement, you would have prepared a memorandum to cabinet and a memorandum to the minister, outlining options, outlining what the risks were of options, and outlining the cost and risk, including the effect of an eventual decision on the market. Am I correct?