Thank you very much, Mr. McCallum.
We will now go directly into the question and answer session. We have about 45 minutes allotted for the question period. We have about five- or six-minute rounds for each member. So I'd just make the witnesses aware of the timing. I ask members to be brief in questions and witnesses to be brief in response. Members may ask a specific question. If another one of you would like to comment, just indicate to me, and I'll ensure you have the time to comment on the question.
I'll start with Mr. McTeague, for six minutes.