I call this meeting to order. This is meeting number 66 of the Standing Committee on Finance. I want to welcome all of our guests here this morning.
Pursuant to Standing Order 108(2) we are beginning our study on the Canadian renminbi trading centre.
We want to welcome some very distinguished guests here this morning. First of all, from the Department of Finance, we have the assistant deputy minister of financial sector policy branch, Mr. Rob Stewart. From the Bank of Canada, we have the chief of financial markets department, Mr. Paul Chilcott. From BMO Capital Markets, we have the managing director, Mr. C.J. Gavsie. From Export Development Canada, we have the vice-president and chief economist, Mr. Peter Hall. From the Industrial and Commercial Bank of China, we have Mr. William Zhu.
Thank you so much for being with us here this morning. Each of you will have up to five minutes for an opening statement and then we'll have questions from all the members.
We'll begin with Mr. Stewart, please.