Thank you very much, Mr. Booth. I'd like to thank all witnesses for their opening remarks.
Also on behalf of the committee—I know there are a few veterans here—thank you for your service. The committee is pleased to welcome you to this committee.
Now we're going to start the first round of questions of six minutes, and members can split time with their colleagues.
I will invite Mr. Fraser Tolmie, for six minutes or less.