I think we'll try to get started now. Pursuant to Standing Order 108(2), we are continuing our study on Canada's Arctic foreign policy.
Today I want to welcome Tom Paddon, who is the president and chief executive officer of the Baffinland Iron Mines Corporation. We're glad to have you here today.
The way we normally work is that we'll give you 10 minutes for your opening testimony, sir, and then we'll just go back and forth over the next 55 minutes to ask questions. We'll wrap up around 12 o'clock.
Thank you once again. Someone else was supposed to be here with you but was not able to make it, so you get all our attention—all of it.