Thank you, Mr. Chair.
Ms. Fraser, I'll turn you, please, to chapter 5 in terms of National Defence. I'm going to spend some time here, because I believe, in my view, there's been some serious mismanagement under this Conservative government. I'd like to go through this in some detail.
Specifically, I'll start with this concept. This is one of the largest government departments, with a budget of approximately $33 billion, correct? Well, it's $19 billion, but it's $33 billion in assets that they actually manage.