Thank you, Minister. I have a quick comment. I appreciate, and I think all members appreciate, your comments and your willingness to work with this committee, particularly in a shared concern to reform the budgetary and estimates process. You will find, as I have, that the members of this committee are not only extremely bright and well informed but they are also extremely engaged.
I believe you'll have a great time working with this committee. I'm sure that you'll find, during questions, that their level of knowledge and engagement will be apparent, which is a nice segue into the first round of questions, which will be a seven-minute round.
We'll start with Madam Ratansi.