Thank you, Mr. Chairman.
As a representative from Hamilton, I'm primarily interested in Mr. Cataford and iron ore. My questions are going to be primarily for him. I'm asking non-partisan questions because I'm interested in your expert opinions as witnesses.
You spoke about the economic potential of the Labrador Trough and fully developing that resource. You gave the comparison to Australia having invested $20 billion in their iron ore mining industry.
To start with the big picture, what potential is there if that resource is fully developed?