Thank you very much, Madam Swift.
Thank you to all the witnesses for your opening remarks.
Just so all members of the committee and the witnesses understand, Mr. Rajotte is chair of the finance committee and I'm chair of the industry committee. We're holding these joint meetings. So that members of this committee understand how we will conduct ourselves here at these meetings, I'll chair this meeting and Mr. Rajotte will chair this Thursday's meeting. We'll alternate between the two of us so that we can have some clarity and efficiency here.
We'll have about two hours for questions and comments from members of this committee to the witnesses.
We use both official languages.
If you need translation, the earpieces are available to you. I believe English is on channel one, French is on channel two, and the floor feed is on channel three.
We'll begin with Mr. McTeague.