We are now organized to proceed. I would now like to welcome two familiar faces to the committee: from the Canadian Electricity Association, Hans Konow, who is the president and chief executive officer; and from the Canadian Gas Association, Michael Cleland, president and chief executive officer.
I don't think we have to spend a lot of time explaining to you two gentlemen how we operate. Who is going to begin?
Monsieur Konow. Thank you.