Thank you, Mr. Conrad.
That concludes the technical briefing. As you can see, it was under the 20-minute allotted time.
Before we begin the questioning round, I was remiss and forgot to acknowledge that we have a substitute member sitting in. Mr. McDonald is joining us today. Actually, he told me he's going to rate me. He chairs the other committee I sit on, so I'm under some pressure, committee members, with him present.
As I indicated, unless somebody objects, we'll do one six-minute round and then we'll just go to open questions from any member who wishes to direct a question. Simply get my attention.
We'll begin, for six minutes, with Mrs. Gray.
You have the floor.