Thank you, Madam Chair.
I have a few questions for everyone seated here. Thank you for being here.
My first question has to do with your budgeting and, of course, your over-year budgeting when it comes to managing your assets. I'm hearing that your forecasts and the actual work you're doing are becoming more volatile. I'm assuming that one of the reasons you're asking for less year after year is that you may have had surpluses in reserve that you can now apply to capital projects.
Have you established asset management reserve accounts looking after the life cycle and therefore the repair, maintenance, and ultimate replacement of your assets? Have you established those accounts to therefore be more consistent and sustainable with respect to the financing you're requiring to look after the management of those assets?