I call the meeting to order.
Good morning. Welcome to the 48th meeting of this session of the Standing Committee on International Trade. We are going to continue our study of the AbitibiBowater settlement, pursuant to standing order 108(2).
This morning we are welcoming as a witness Fred McMahon, vice-president of research at the Fraser Institute, and Scott Sinclair, senior research fellow, Canadian Centre for Policy Alternatives, who has been with us before. I appreciate your coming and wading through the muck this snowy morning in Ottawa.
I think we're all ready to go. It will be the usual procedure. We'll have an opening statement from both of you and will follow that up with questions. I think we should have time for two rounds today.
I will ask you to begin and hope that you keep those opening statements to 10 minutes or less so that we can get to questions. We'll start with Mr. Sinclair, if you're prepared to go.