I'm sure if he were here he'd give an acceptance speech, but we'll forgo that for now and perhaps let him speak at some future time. Thank you, colleagues.
Toward the end of our second hour, we will go to a brief in camera committee business portion of this meeting. I have only one item to deal with, and I will deal with it at that time. We'll try to keep our meeting as quick and efficient as possible. We'll have a full hour with the PBO, and only 50 minutes out of the allotted 60 minutes with the Privy Council Office, if that's all right with you.
Mr. Fréchette, I understand you have an opening statement. Following that, we'll go directly to questions. The floor is yours.