I'll call the meeting to order. This is our last day of pre-budget consultation as far as listening to witnesses is concerned, and then we'll be deliberating and looking after our report.
We want to thank the witnesses for coming forward. We're looking forward to your presentations. We have full panels all day long, so we do ask that you respect the five-minute time limit, and we'll try to keep it as close to that as we possibly can.
That's not the end of the time. After that, we'll get into the questions and answers. It's just that if we give more time for presentations, there will be less time for questions and answers, and my colleagues get a little nervous when I don't give them enough time, so we will respect that.
I'll introduce you and yield the floor to you in order. I think that works out the best.
We have, first of all, BIOTECanada, with Mr. Peter Brenders, who is the president and CEO.
Thank you. You have five minutes.