Thank you very much, Mr. McPhail.
Prior to our going into our rounds, the chair will advise that we will now reduce the seven minutes to six minutes so that we can do a complete round of questioning to our witnesses, at least. I am giving you that advisement so that we may then break very quickly for future business.
Thank you very kindly for coming again to our committee.
We will open up our questioning for six minutes, Ms. James, please.