I'd like to call the meeting to order. Pursuant to Standing Order 108(2), our study of the Canada Employment Insurance Financing Board is before the committee.
Part of what this committee is hoping to do over the next couple of meetings is delve into part 7 of Bill C-50, to establish the Employment Insurance Financing Board.
To our first meeting we want to welcome all of our witnesses from the Department of Finance and the Department of Human Resources and Social Development. We have Sherry Harrison and Louis Beauséjour. We also have Yves Giroux and Tamara Miller. We want to thank you all for being here.
I believe Louis and Yves will be making the presentations. Take the time you need. I realize you're pros at this and understand how it all works. We'll be asking some questions, and hopefully you'll be able to shed some light on what exactly will be happening. That will help us direct the next couple of meetings as we consider what's going on with this new financing board.
I know we're all excited to hear what you have to say. Who will go first? Louis.