Thank you.
Before we go to Mr. Bellavance, as you will probably have noticed in the first two hours tonight, and in this one here, since this is a very important issue that we are studying, I'm being much more lenient with the time, and that's with everybody. I'm not going to accept any questions from any member after the seven or five minutes. I know some of it is very complicated testimony, but I must ask that we keep the answers as brief as possible. I'm going to be lenient, as I said, as I see fit, and you'll have to bear with me on that.
Mr. Bellavance, seven minutes, please.