Thanks very much, Chair.
Thank you both for being here today. Before I get into my questions, I'll just say, Mr. Graham, it's a pleasure to have a chance to ask you some questions. Thank you for being here. I had the pleasure of meeting with some of your representatives, who spoke a little bit about some of the topics you've already spoken to, and I look forward to having this conversation.
I will say I've had a number of former colleagues from one of my prior employers at the Boston Consulting Group join your company, join CPPIB, and I think you are fortunate to be benefiting from their expertise as well.
My first question is around the current context we find ourselves in globally. We've had the pandemic, we still have the pandemic, and we've had the war in Ukraine. Can you talk a little about how the pension plan has been affected by these macroeconomic forces and how you've had to adjust your management of the plan as a result?