Thank you, Madam Chair, and to the witnesses for your testimony today.
Mr. Boswell, maybe I can start with you. Yesterday, as I'm sure you heard, a representative from the CNOC, Madam Shaban, raised some concern regarding the efficiency defence. She indicated that use of the efficiency defence might render this whole process of review fruitless.
Can you share with us your thoughts on that and the applicability of the efficiency defence in this case?
Thank you.