Thank you very much, Deputy Minister.
Madam Chair, the Canadian Coast Guard currently has 26 large vessels, and the $2 billion that you have referenced speaks to the vessel life extension budget for that entire fleet of large ships. Given that some of the ships will remain in service until early 2040, it's envisioned that we're going to be 16 to 18 years cycling the ships through the various vessel life extension periods, which sometimes can take 8 to 12 months to complete.