We're going to get started on the second hour. We have two sets of witnesses.
From the Conference Board of Canada, we have Louis Thériault. We appreciate your coming.
For a second time—and hopefully there won't be bells today, gentlemen; we appreciate your coming back—we have Mike MacDougall and Tom Bechard from Powerex. Since you got cut off last time, why don't we start with you?
Each group will get up to 10 minutes to do their presentation, followed by a series of questions.