Thank you very much for your understanding. You can stay online and listen to the rest of this meeting, but the clerk will contact you to invite you to appear again as part of this study. I suggest that you turn your mic off and listen to the discussions we will be having during this meeting, if you wish.
Committee members and witnesses, we are going to continue.
Given that we were to continue our business during the second part of the meeting, we are going to cut into that second part in order to examine certain issues in depth with the witnesses who are present here. With that, we will begin the first round of questions.
I invite Mr. Terry Dowdall to start the questioning of the witnesses. You have six minutes or less.