Thank you, Mr. Chair.
My first question is for Mr. Murphy.
Cooperatives play a very important philanthropic role in Canada. A number of your members, including the Mouvement des casisses Desjardins, give millions of dollars in donations and sponsorships every year.
Last week, Carole Gagnon from United Way Ottawa stressed to the committee that it was important that these donations and sponsorships continue to be made and that social finance remain a complementary option, not a replacement.
What do you think about that?