Well, Mr. Lawrence, that was very kind of you. Thank you very much for that; and thank you, Madam Chair.
I'm going to ask my first question to our wonderful Auditor General, Karen Hogan.
In your opening statements, you talked about how another important subject in your commentary report is the COVID-19 pandemic, which obviously affected your financial audit work, and that you had collaborated well with the federal organizations and with central agencies to better understand the challenges they've all faced and we've all faced.
You said you expect that the pandemic will also significantly affect the government's 2020-21 financial statements and your financial audits, and that you will adjust the nature, timing and extent of our future audit work as needed. That statement alone I find rather ambiguous. I need to get some clarity on that.
What exactly are you looking to do in the next audit? I know we're looking forward here into the next audit, but the government has gone through a significant spending spree and our debt has increased significantly. Is the audit going to be a three-year audit? Do you plan on releasing progress reports during this very unusual year of the pandemic?
Maybe you could just give us some more clarity on what your thoughts are for the upcoming audit on the 2020-21 financial statements that you indicated in your opening statement.