Okay, I'll ask all of our friends with cameras, video cameras, and microphones to leave please. Thank you.
I'll call this meeting to order. This is the 58th meeting of the Standing Committee on Finance. The orders of the day, pursuant to the order of reference of May 14, 2012, are a study of Bill C-38, An Act to implement certain provisions of the budget tabled in Parliament on March 29, 2012 and other measures.
Minister, we're very pleased to have you here with us today for a full hour session and then have your officials afterwards. As you know, you will have up to 15 minutes for your opening presentation, and then you will have questions from all of our members.
I ask you to begin at this time, please.