Thank you very much to all of our witnesses.
Colleagues, we'll commence with our rounds of questioning. I have a quick comment before we do. We have a little less than 90 minutes for the remainder of this meeting. I'd like to save about five minutes or so at the end to go in camera to talk about future business and our future meetings. We should be able to get through a complete full round and one additional seven-minute round.
With that, I'll start the questioning with Mr. Whalen, for seven minutes, please.