 You can see that for the year we're in, the Economic Forecast Council has dropped the forecast by a small amount, but dropped it nonetheless to 2.1. In 2013, you can see where the Economic Forecast Council was in January of this year, where they have now landed in their formal advice a couple of weeks ago, and at 2.2, again a drop we have adjusted as well. We think and the Ministry advises that they believe that level of prudence is still appropriate as between 2.2 and 1.8 that we are basing our calculations and figures around. So what does this all mean in terms of the bottom line for British Columbia and for the fiscal year we're in? So you see what's happening on the revenue side, and I'll talk about that in a moment, where you see the further deterioration on the revenue side. Expenses and expenditures we are holding firm to and to the extent that we're able to manage through and realize on our objectives that is a key part of the strategy. You'll recall when we were last here a few months ago we talked about managing down some of those expenditures, particularly the reduced revenues from natural gas and identified a target. We have realized on a good chunk of that target we have some more way to go. 65 million remains to be identified and we will have hit that target. But bottom line you see continued growth for this fiscal year in the deficit and that presents obviously an ongoing challenge and one that we are having to manage and we'll get into some of the details around that. I will show you in a moment a comparative chart that I think is important. So there we are and there's Ontario, Quebec, Canada and for fund the US. To put it in some kind of context, we, BC's interest bite, that's the taxpayer supported interest expense as a percentage of taxpayer supported revenue, for us was 4.1% last year. For Ontario it was 9.5%. What does that translate into in real dollars? For us it was 1.6 billion. If we had Ontario's interest bite of 9.5% applied to BC's taxpayer supported revenues, our debt servicing costs would be 2 billion more than we presently pay. Where does that leave us going forward? We will know of the measures that we've taken to control expenditures, hiring for each management salary freeze, control on travel. The question that I'm sure someone will ask so I'll answer it for the first time and then again are we going to balance the budget next year? We're going to balance the budget next year. You will know that in the fiscal plan we showed the progression towards that balance. I thought I'd give you a quick, just put up a slide on the PST and the transition to the PST. So everything's on target for April. The first registration of businesses begins in January. The liaison work is taking place. The phone lines are up for people that have questions. Next steps as I say are pretty predictable. We'll finalize the work on the budget. Look through some of the other budget consultation material. The Select Standing Committee of course has reported out and some of the other agencies, the expert tax panel some of you are familiar with provided some recommendations, finalized the budget and the budget is February the 19th next year and we go from there.