Colleagues, even though not everyone has arrived yet—I believe they're on their way—we do have quorum, so I'll start.
For the first hour today, Mr. William Robson, President and Chief Executive Officer of the C.D. Howe Institute, will speak with us and answer any questions we may have on public sector pensions.
Mr. Robson, I think you know how committees work. We'll entertain your opening statement, which I believe will be approximately 10 minutes or less. Then we'll go directly to questions from all our committee members.
With that short introduction, Mr. Robson, the floor is yours.