Thank you, Mr. Chair.
Thank you to the work that all of you do for Canadians and for parliamentarians especially.
With regard to the report, I'd like to follow up a little with Mr. Grewal because obviously a shortage of skilled people can have a bit of a drag on projects and business moving forward. However, as important as it is to have people, whether it be intellectual property or whatnot, you also need to have capital. We've seen in the past few years a precipitous drop in investment in Canada.
Could you start us off with where we are right now as far as business investment? I'd like to find out if this is simply business investment that is replacing old equipment or maintaining current capacity rather than expanding capacity.