Thank you, Mr. Chair.
I'd also like to thank all the witnesses who are with us today. We're having very interesting discussions on a number of fronts.
Many of those present worked on the early version of Bill C‑45. I invite them to share their comments and answers with us, if they wish.
Mr. Daniels, you talked about one of the major amendments to the First Nations Fiscal Management Act, the expansion of the meaning of “borrowing member”. I'd like to know why that meaning was limited in the first place. Was it simply because the act was new? Also, while Bill C‑45 will broaden that meaning, do you think it's broad enough or could it be broadened even further?