Thank you, Mr. Chair.
Thank you, Minister, Deputy Minister, and Assistant Deputy Minister, for being here.
I have a number of questions. The first two I want to get out on the table, and then we'll see where we go from there.
You've already answered the question with respect to the funding for AECL on the ACR reactor, but one of the things that has been discussed quite a bit is the pre-licensing arrangement to be able to compete. That was one of the key success factors for competition for the ACR. I noticed that CNSC's budget has been reduced by roughly $5 million. Do you see any impact from CNSC's being able to do a proper pre-licensing for the reactor? What stage is that in?