Seeing we have enough members here, I'd like to call this meeting to order.
I want to thank the witnesses for coming forward.
I want to remind the committee that pursuant to Standing Order 108(2), a motion adopted by the committee Wednesday, April 2, 2008, a briefing on asset-backed commercial paper in Canada is the reason for our meeting this morning. We're here to listen to the retail investors to understand the situation. I will remind the committee we're not here to try to interfere with private sector or provincially regulated issues.
With that, I want to proceed with the meeting. We will listen to you in order. I'll introduce you at the time we give you the floor. Afterwards, we'll proceed with a question and answer period.
We'll start with Murray Candlish.
Murray, the floor is yours. You may proceed.