Thank you, Mr. Chair.
This question will be directed to Mr. Ralston.
At Ontario Lottery, which was a provincial agency, we were always measured against how we did against budget. When I look at this in terms of bottom line here, I see that there was a fairly significant discrepancy--or I would say it's significant, but maybe it isn't substantive--between the budgeted deficit of $49.2 billion versus the actual deficit of $33.4 billion, so I have a couple of questions. I'm going to ask all of them now and hopefully you'll capture all of them.
First, is that substantive? In my mind, this could be classified as good-news story because the deficit was less, but it could also perhaps be classified as a poor budgeting story. I want to get an explanation and understanding of the budgeting exercise and some sense of how difficult it is to be accurate. Obviously budgets are based on assumptions, so I'm kind of curious as to some of the assumptions and what assumptions might have changed such that this projected deficit was so much less than what was budgeted.