Thank you very much, Mr. Chair.
Welcome, Mr. Speaker.
I would like to start by congratulating you, your executive team, and really all of the MPs in the House for the cost savings and expenditure reductions that have been achieved. I think it has been a real team effort. I think we're setting the benchmark and setting the trend for the reality of the world and certainly Canada today that you live within your means, and that expenditures are reasonable and according to appropriate rules and within appropriate levels. I want to congratulate everyone involved in that. It's great to see a 7.2% reduction over the past two years, so kudos to all of you for that great work.
I would like to talk about the $1.4 million that you are requesting with respect to the new MP disclosure system. Can you give us more of a breakdown of the $1.4 million? Is it software-related or capital-related? Is it for employees who need to be hired to administer the new enhanced disclosure system? I think all MPs are looking forward to this, because it will be a uniform system across the board for every MP disclosing expenditures in a similar way throughout. I think it's a great initiative. I'd just like a better breakdown of the $1.4 million, please.