Thank you, Mr. Chair. Welcome, everyone.
The first question deals with the alignment in terms of the process.
When you have the privilege of being elected as a member of Parliament and then coming to this committee, in general you learn there are two processes in place. One is the budgeting process and the second is the estimates process. Can you comment on alignment?
I am asking because from what I understand, we've tried to align the two so parliamentarians can get a better understanding of how the two work.
I use the analogy that it's much like a company. When I worked in the private sector, I would go to a company's investor day and they would lay out a budget for the year, and that would be their investor day. Then through the year, they would produce results and have filings. Those were the actual official monies that were spent or invested. I'd like to hear someone comment in terms of where we are for parliamentarians and how we analyze the estimates versus the budgeting.