Thank you, Ms. Girard, for your opening statement. I appreciated it.
I would like to remind everyone on the committee that if you want to speak in both languages and go from one to the other, please pause for a second as you go to the second language, so that the interpreters can have a moment. It's to make sure we don't miss much in the interpretation. Thank you very much.
We'll now start with Mr. McCauley, for six minutes.