Thank you, Mr. Chairman.
Thank you, gentlemen, for being here.
Mr. Small and Mr. Townsend, we've been trying for many months to get permission to hear from Mr. Leduc, so all my questions are going to be for him. At some point, I would like to talk to you about what the government is doing to your pensions, but that's not the subject of this hearing.
Mr. Leduc, I want to pick up on a couple of points raised by the parliamentary secretary. One of the answers you gave, sir, was that there are some good members on the board. I take it by that qualifier there are some who shouldn't be there.