Thank you, Mr. Chair.
First I'd like to acknowledge Vic Pakalnis from Laurentian Mining Innovation and Technology in the audience. Thank you, Vic, for coming.
Also, thank you to all the guests here today making presentations. I know you've done a lot of hard work, so thank you for your time to come and present to us today.
My question for Mr. Ferguson is related to the global oil supply and demand. Is it true that the global supply reserves are at record highs and that the supply problem isn't an issue solely based in Canada and Alberta? Could you expand?