Thank you, Madam Chair.
Welcome to both of you. You are our last witnesses of the day, but I can tell you that you are no less interesting.
Mr. Gibbons, I'm going to start with you, because you very quickly mentioned a problem that I would like you to elaborate on. I am talking about the cost structure between Canada and the United States. It seems that the differences are significant and that this is not necessarily to our advantage.