Well, that's a hard position to follow from.
First and foremost, Mr. Goudie, thank you for being here.
I also want to welcome MP Lightbound, MP Collins and MP McCauley.
There are a couple of things before I go to you with questions. One thing that I think tends to get lost in a lot of this is that this is a good-news story for Newfoundland and Labrador. After 30-plus years of not fishing northern cod, this is an amazing story with respect to the rebound of the fishery over a long period of time and the suffering, the tenacity and the patience of the people of Newfoundland and Labrador. We felt the moratorium in Cape Breton back in the early nineties. Lots of men and women fishers and their families went through an incredible ordeal.
That said, I want to talk a little bit about.... When we're done with the study, which will be today, we will meet in in camera sessions to discuss the report, and we'll be here to discuss recommendations that go in the report. Mr. Goudie, I think you started it off very well in your opening remarks in terms of where the recommendations would go, but I want to give you an opportunity to hold the pen right now and write some recommendations or, in this case, talk to us about what you would want to see in a report from this committee. That's the first question.
The second question I'm very interested in is about the economic impact of this quota allotment. I'm wondering if you can speak to that. You also mentioned future allotments. This might be in your recommendations, but what kind of economic impact would that bring? I think both you and MP Collins talked about the cultural and historical significance. I'm wondering if you could talk about the economics of it as well.