Thank you, Mr. Chair.
Good afternoon, colleagues.
I would like to welcome the witnesses.
Welcome, Lieutenant-General. Thank you very much for your service abroad in Haiti, Bosnia and Kuwait. Thank you for doing our country proud and for starting your career in Valcartier. I am being a bit chauvinistic, but I am very proud of that.
I have a lot of subjects to discuss. Let's start with the question of cost overruns.
Ms. Hogan, you said in your report that the amount initially projected for the Future Fighter Capability Project was $19 billion, but because we did not have good basic information, that amount has now risen to $27 billion. You also said things were not looking good, because there are a number of risks that costs could rise even more.
We are talking about tens of billions of dollars that have been miscalculated, including money from the goods and services tax and income taxes paid by the people following our proceedings right now. How do you explain public finances going this far off track?