Finance committee  Correct. To give you, perhaps, some perspective on this, our shareholding at the Inter-American Development Bank is 2.6%.

Finance committee  We would like to think so.

Finance committee  Our executive director at the Inter-American Development Bank is seen as one of the leaders at the board, even with our 2.6% share.

Finance committee  That's an interesting question. For the vast majority of the other multilateral development banks, Canada was a founding member and the request was for Canada to be a founding member, and it was considered at the time. I can ask Neil to speak to an example of where we were not, in one portion of the World Bank, and how that played out.

Finance committee  It's consistent with the renewed commitment of this government to multilateralism. It's also consistent with this government's desire to have renewed engagement with the Asia-Pacific region.

Finance committee  Canada has traditionally been a leader in multilateral organizations and in punching above its weight.

Finance committee  Thank you.

Finance committee  Correct.

Finance committee  Correct.

Finance committee  That project is one that was done jointly with EBRD, EIB, the World Bank, the Asian Development Bank, as well as the private sector. I believe that Canada would have some foreign policy interests in diversifying the pipeline of oil into southern and southeastern Europe from the primary oil pipeline right now that is pulling the oil through eastern Europe.

Finance committee  Correct.

Finance committee  Correct.

Finance committee  We can only influence the bank if we're a member of it.

Finance committee  Correct.

Finance committee  Correct. That is traditionally how Canada exerts both its foreign policies as well as its international development policy.