Colleagues, please find your seats for the second panel. We will begin right away. Thank you.
We're resuming our discussion here, continuing with our study of the impact of low oil prices on the Canadian economy. This is our second panel here this morning. We have four witnesses to hear from for this panel.
First of all, from the University of Alberta, we have Professor Andrew Leach from the Alberta School of Business. Welcome, Professor Leach. We have from the Canadian Renewable Fuels Association, the president, Ms. Andrea Kent. Welcome to the committee. From Packers Plus Energy Services, we have Mr. David McLellan, senior economist and business strategist. Finally, from TransAlta Corporation, we have Mr. Rob Schaefer, executive vice-president, trading and marketing.
We will begin with Professor Leach. You each have five minutes for your opening statements and then we'll have questions from members.