Thank you very much, Ray, for raising those points.
Before I turn to the last witness, just to give the members a heads-up on the speaking order for questions, we'll start the six-minute round with Mr. Cooper, followed by Mr. Fragiskatos, Mr. Ste-Marie and Mr. Julian.
We will turn now to the last witness, from the St. John's Board of Trade, Mr. Brandon Ellis.
Go ahead, Brandon.