Thank you very much, Madam Chair.
I'll add my voice to the chorus. Congratulations, Mr. Lick. I had the opportunity to meet with the Navy League this morning and I appreciate very much what you're doing.
Could you could give me a heads-up when I'm halfway through? I'm going to be sharing my time with Mr. Badawey. In that spirit, I hope the answers can remain as concise as possible.
First, there's a threshold in this legislation at 12,500 tonnes in terms of what's not subject to the moratorium. I'll start with Ms. Kasperski.
Is this a reasonable limit? From your perspective, is this going to meet the needs of the community? We've heard different suggestions for better amounts, but do you have any issues with the threshold?