The report is carried.
Now we'll move to our guests who have joined us today. On our study of high-speed rail, we have with us, from VIA Rail, Mr. Paul Côté, president and chief executive officer; Mr. Gerry Kolaitis, director, strategy and financial planning; and André Gravelle, project adviser, capital programs. Also with us, from the Van Horne Institute, is Teresa Watts, associate.
We welcome you. I understand you know the rules of the game.
Mr. Côté, I would ask you to begin.