Thank you very much, Mr. Chair.
Thank you, all, for being here again.
I'd like to start my questions with Ms. Simard.
In our previous meeting with officials, we heard about the rationale for administrative monetary penalties. One reason is that if you have to meet the threshold of a criminal charge, fewer people will be charged. You need that flexibility to do administrative penalties. There might be more consequences for things that are not as severe.
How do you choose? When would you issue a letter, a monetary penalty or a criminal charge? Are there criteria? What factors do you take into account?