Thank you, Mr. Chair.
Thank you for coming back. I was one of the ones advocating for you to reappear after you were here a few months ago. From our perspective, we're looking for your leadership in terms of helping us get the money out the door, as Mr. McCallum has been talking about.
I have a couple of questions. I'll start with the BDC.
You've told us that basically, without seeing the report, it's up by 11%, but I want to focus in a little bit on the secured facility that we put together and that you've talked about. There are two segments; one is getting cheques out the door or allocated relatively soon, and then there's another round in August.
We were hearing that there were some issues in terms of setting that facility up, and that it was a new business line of sorts for BDC. I think some of us had expectations that it would be up and running, but we just don't know the mechanics of it. Do you want to give us a fairly quick overview of what it took for BDC to get this up and running and to be able to react as quickly as you have?