Okay, maybe I'm missing something here. You're asking for an authority to enter into a transaction, including “the forgiveness in whole or part of any debt or obligation that is necessary for the management of assets and liabilities”. Generally that means we have a lousy piece of paper here, we need to get rid of it and we need to write it off.
What I find puzzling—and correct me if my understanding is incorrect—is that the lawyers for the corporate account, EDC account, make their deal, end of story, but on the Canada account...they want to make their deal, but what happens that they can't make their deal?