Colleagues, ladies and gentlemen, I think we'll commence, even though we're missing one of our panellists. In fairness to the panellists who are here, we'll get going.
Mr. Aaron Wudrick, from the Canadian Taxpayers Federation, is scheduled to appear as a panellist. However, I think he might be having some difficulty finding the location, as we did. We'll commence anyway, and, if shows up, then we'll certainly incorporate him into the testimony. Rather than delay the entire proceedings for the afternoon, I think we'll begin.
Mr. Sinclair, I'm not sure if you've been following the proceedings. Basically, it's a fairly straightforward procedure that we follow. We'll ask you to make an opening statement. We've been asking all panellists to keep their remarks to five minutes or less, if that's possible, and that will be followed by a series of questions from our committee members.
We are scheduled for an hour. If Mr. Wudrick does show up in the middle of that, we'll allow him to make his presentation and, as I say, weave him into the process of questions and answers.
With that being said, Mr. Sinclair, the floor is yours for your opening statement.