 Good morning. Thank you Christian for that introduction and for welcoming us to this amazing place. This is a really exciting announcement today. It's about jobs, it's about leading extraordinary advancements in technology, and it's about Canadian ambition and know-how. It's about Canadian leadership in quantum computing, and as many of you know, I get really excited by quantum computing. What's happening here is cutting edge not just in Canada but around the world, and because I know media will have all sorts of important things to ask me about, I'm going to make sure that I explain what's going on in here within the body of my questions, unless you really want to ask me a question about quantum computing. We're here at Xanadu, a made-in-Canada company that is doing world-leading quantum computing. They're building the computer of the future. In fact, they just recently achieved something called quantum advantage with a machine that can compute faster than the fastest smartphone, faster than the fastest supercomputer in the world. For example, if you gave it a specific problem to a classical supercomputer, it might take 9,000 years for them to solve it, the quantum computer can do it in less than a second. That's the kind of computing power that is being generated here that's going to transform the way our world works. But it's really no surprise that Canada is leading on this, and as we're seeing what's special about Xanadu, it's that they're making this technology accessible to people and companies around the world. Canada has been making waves in quantum for decades. Our government wants to help us keep this advantage. That's why we started this year by launching the National Quantum Strategy. In Canada, we have a unique quantum community in its genre, founded on skills and innovative entrepreneurs. Our entrepreneurs see the potential, and they want us to go beyond research to the application in the real world. Now, quantum computing is still a burgeoning technology, and we want Canada to continue to lead in its development. The research that's been done in Canada for years has been extraordinary. But of course, getting that into practical applications, getting that to be able to be accessed by innovators, by entrepreneurs, by businesses across Canada and around the world is the next big challenge. But our quantum strategy is built on three strong pillars. The first is research, which Canada has long been leading the way in at our universities. The second is talent, which we have in spades, thanks to our well-educated homegrown workforce, but also our ability to attract highly skilled workers from around the world, including through immigration policies like the Global Talent Stream. Number of years ago, about six years ago or so, we heard clearly from high-tech businesses across the country that if we could accelerate their ability to bring in top engineers, top researchers from around the world, they'd expand and grow their base in Canada. So we created the Global Talent Stream that allows people to come in in four or six weeks, depending on how quickly we can get it done, and get to work right away. And that advantage of bringing in some of the top minds from around the world is exactly what has been able to lead this quantum revolution here in Canada. And of course, the third pillar is commercialization, so that those leading companies can scale up, create good jobs, and economic growth that benefits all Canadians, which of course brings me to why I'm here today. Canada has a tremendous, one-of-a-kind innovation ecosystem that is finding ways to bring quantum technology to market. That's exactly what Xanadu is doing. So today, the federal government is announcing an important investment of about 40 million dollars in Xanadu quantum technologies. This will help them build the world's first photonic-based, fault-tolerant quantum computer and scale up their business. Ex-support and expected 530 good, high-paying jobs and ensure that Canada continues to punch above its weight when it comes to advancements in this tech. The quantum computer Xanadu is building, runs off an advanced computer chip that literally computes at the speed of light. And the reason for that is it actually uses light to function. The same way we have fiber optics that manage all our telecommunications, they're actually running light through the computer chips that allows for both high speed and high efficiency crunching of the data. Like I said, we're at the forefront of this technology and Xanadu is in competition to build the first fault-free quantum computer. And I've said that a couple of times. Why is it so important that we talk about a fault-free quantum computer? We don't really worry about the fault-freeness of our laptops, of our regular computers. Why is it important in quantum? Well, quantum is the holding of simultaneous states at the same time. And quantum functions, quantum waves are constantly collapsing. And if quantum wave collapses, that introduces an error in the system. So you have to do it multiple times and create a linkage so there is redundancy to be able to keep moving with the calculations. It's inherent in the nature of quantum that they're collapsing. So having that fault-free will actually allow you to do the computations that are actually necessary. It's really, really exciting stuff. The other thing that's really exciting that they've done is they've figured out using photonics, so it's using light in the chips to do most of the part of the computing that's done here without having to be cooled down to absolute zero. The cryogenic freezing of most of the quantum computers is a huge cost and a huge burden and really challenging for when you're trying to develop them and experiment them. So by focusing on only keeping the photonic sensors down near minus 273 degrees Celsius, you can actually have quantum computers that'll fit in standard server racks that businesses and companies use around the world. The idea of being able to package in quantum computing alongside your traditional computers is where that leverage is going to go. And what Xanadu is doing is world-leading and extraordinarily exciting for the future of quantum computing available to businesses around the world. Xanadu is what it takes. The company is associated with other big companies, the University of Canada and the whole world, like Harvard and MIT. There's a global competition right now to develop the first quantum quantum computer without any mistakes. It's a technology that will change things in an extraordinary way and we do it here in Canada. Successful quantum computing has a huge potential for our economy and for people. Think about all the trial and error that goes into developing a new medicine, for example. These computers can do complex problem solving that simulates experiments, not only saving costs but also developing life-saving treatments faster than ever. They can also analyze logistics which will help us build more efficient and resilient supply chains. They can also help us model climate change, which will help us build a safer future. So as governments, we need to keep looking to where the puck is going. Strategic investments like today will set us up for success in the years and in the decades to come. This creates opportunities today and makes sure we're all building the economy of the future so there are opportunities for future generations of Canadians. This is what building an economy that works for all Canadians looks like. It's what it's about, it's what we're going to keep doing.