We will reconvene. I call the meeting to order. As the witnesses know, just for the record, pursuant to Standing Order 108(2), we're continuing our study on pre-budget consultations 2020.
I want to thank the witnesses for coming in on fairly short notice. We'll go to all the individual presentations and then to a round of questioning. We are going to have to try to stop between 10 and five minutes to two o'clock, because some people have Standing Orders and whatnot that they have to go through.
We're starting with you, Mr. Lee, associate professor at the Sprott School of Business, as an individual. The floor is yours.