We're starting a wee bit late because of the previous committee, but we can always make up the time.
While the clerk distributes all the documents, I would like to welcome you. I would inform those who are appearing before a committee for the first time that we are going to ask you to speak in turn for about five minutes. Then, when everyone has made a brief presentation, we ask committee members to ask questions. That's how it works best.
I'm told Mr. Courtois has to leave early. So we'll ask you to begin. You have five minutes, Mr. Courtois.