Thank you, Jean-Michel.
It was a great opening. I think that gives us a good basis for discussion.
I would just like to say at the outset that we do have other business to deal with today after hearing from the witnesses. We have a couple of motions before the committee. I think perhaps I'll suggest we try to get through the first round, that is the greatest number of members allowed to speak within an hour, and that'll leave about 15 to 20 minutes to deal with business at the end. I think that should do it.
So with that, I'm going to, again, thank you for the opening statements, and I'll turn to the vice-chairman, John Cannis, to begin the questions. And we'll try to keep them to seven minutes, with questions and answers. Thank you.
Mr. Cannis.