I call the meeting to order. We started the first meeting late, so we're obviously starting this one late. I assume members have commitments at one o'clock. We also have two motions to deal with at the end of the meeting; it will depend on how many members have questions and if we can get through this as quickly as possible.
We do have a presentation from our witness, Mr. Orr. Unfortunately we have not had time to translate his presentation. It's more our fault, as Mr. Orr graciously agreed to come on very short notice. It will be done and it will be distributed to all members. He said he may need an extra minute or two in his presentation because we don't have the benefit of what he's handed out.
So those are just some explanatory notes of mine at the beginning.
We do very much want to welcome Mr. Dale Orr. He's the managing director of Canadian macroeconomic services at Global Insight. He's a well-known analyst and commentator on global macroeconomic situations. We're very pleased to have him with us here today to give us that global perspective on the manufacturing sector.
At this point, Mr. Orr, we'll just turn it over to you for your presentation.