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spk00: Good morning, ladies and gentlemen. This is Kelly Marshall, Chairman of the Board, speaking. We'd like to welcome you to the 2021 Joint Annual General Meetings of Granite Real Estate Investment Trust and Granite REIT, Inc. Due to public health restrictions related to the COVID-19 pandemic, Granite is holding this year's meetings virtually. we have ensured that the registered holders of the stapled units and duly appointed proxy holders will still be able to participate, submit questions and vote at the meetings. As in past years, the vast majority of the votes have been cast in advance of the meetings by proxy. That said, registered holders of stapled units and duly appointed proxy holders will be allowed to vote online during the meetings in accordance with the instructions that were provided. Given the virtual format of today's meetings, and in order for us to undertake the business of the meetings expediently, we would like to request that if a unit holder has a comment or question on the formal business of the meetings, please make such written submissions now. Please clearly identify the item of formal business to which your submission applies. During the course of this meeting, at the appropriate time, any such submission will be addressed prior to voting on the applicable motion. Following the formal business of the meetings and management presentation, we will have a question and answer session. If you have any questions not specifically relating to an item of formal business to be discussed at today's meetings, please feel free to submit those questions at any time during the meetings, and we will do our best to address such questions at the conclusion of the meetings. Questions can be submitted at any time during the meetings until the chair closes the session. To submit a question, select a message icon at the top of your screen. Type your message within the text box at the bottom of the messaging screen and then click the send button. When asking a question, please indicate your name, company, if any, and email and confirm that you are a registered holder of the stapled units or a duly appointed proxy. Before proceeding with the business of the meetings, I would like to introduce the other trustees and directors who are attending today's live audio broadcast. Peter Agar. Remco Dahl, Kevin Gorey, who is also Granite's President and CEO, Fern Greidner, Al Milwani, Jerry Miller, Sheila Murray, and Jennifer Warren. Also attending today's live audio webcast are Teresa Netto, CFO, Lauren Kumar, Executive Vice President, Head of Global Real Estate, Mike Ramparis, Executive Vice President, Global Real Estate, Head of Investments, and Lawrence Clarefield, SVP Legal Counsel and Corporate Secretary. The matters of business to be conducted today were described in the management information circular dated April 12th, 2021 made available to holders of stapled units. Voting at today's meetings will be open to registered holders of stapled units and duly appointed proxy holders and will be conducted by online ballot. If you've already voted by proxy, there is no need for you to vote online since your vote will be recorded in accordance accordance with your proxy instructions the polls will be opened for all items of business to be voted on at the same time this will allow you to vote on each item immediately or if you prefer you may wait until the conclusion of the discussion on each item prior to casting your vote the matters of business to be voted on and your available voting options will be visible on the voting panel on your screen. To submit a vote, please click on the voting choice displayed on your screen. Once discussion has concluded on all matters of business, you will have a few minutes to enter your votes. I will then declare voting closed on all matters of business. Following the formal business of the meetings, Kevin will make a presentation and there will be an opportunity to ask questions at the end of the presentation. Before we proceed further, I want to note that in the course of today's meetings, including during the presentation and the questions and answer period, trustees, directors, and officers of grant may, in their remarks or in response to questions, make certain statements which are forward-looking statements or contain forward-looking information. I draw your attention to the cautionary note regarding such statements on the second page of your investor presentation on your screen. I will now call the meetings to order. With the consent of the meetings, I will act as chair and I will ask Lawrence Clearfield to act as secretary. Unless there is an objection,
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