Thank you.
EDC is actually looking for a clarification of the current wording in its act. So we're basically amending the act to enable the corporation to enter into any type of transaction that has as a main objective to manage its portfolio risks that are necessary or desirable for the financial management of the corporation.
EDC lawyers were of the view that the current wording in the act was not clear enough, and they had requested such change.
This was also a recommendation made in the context of the 2008 legislative review of the Export Development Act, and this recommendation was also accepted and supported by the government's response to that legislative review.