Thank you very much, Mr. Chair.
Mr. Kendrick, I'd like to begin by thanking you for being with us today.
I understand fully that your comments are not aimed at workers or the industry as such. They are mainly about managing the national shipbuilding strategy.
The figures and examples you gave are worrisome.
What's the reason behind these cost overruns?
Why is the country with the most kilometres of coastline on the entire planet unable to stay on budget in a field in which it should have acquired expertise a long time ago?