You're coming through loud and clear. We appreciate your being on the program.
Perhaps for Mr. Elsey, I'll just say we'll have our presentations, and then we'll go to the committee for questions. Presentations are seven or eight minutes, and then we have a round of questions for the balance of the hour.
The chair is not able to be here. He was on the road and not feeling well as a result of his travel. I'm going to try to fill in for him. Again, we welcome you.
Mr. Brunet, would you like to lead off, sir?