Thank you, Chair.
Thank you, gentlemen, for being here. I appreciate your comments. I appreciate the knowledge you have shared with us today.
I'm thinking about some of the comments both of you made. You talked about the close relationship. You talked about the fact that it's a relationship by design—I think Mario said that—and that the overlap is mutually beneficial.
Jeff, you said it's increasingly important to expand this relationship and to look for further areas of operation. You also talked about the fundamental differences but you didn't talk about the differences as much. It seems as though there's more overlap than there are differences and that they are more in line other than that one's combat-ready and one is about civilian ships.
I want to bring this back to talk about defence spending and our commitments to spending around 2% of our GDP to meet our NATO commitments. The Coast Guard has its own budget separate from DND's; I believe that's the case. In the States it's different; everything is under the umbrella of defence. Is that correct?