I think when it comes to the sensitive issue of pipelines, this is where our ability to assess projects on a project-by-project basis as they're brought to the bank is incredibly important. Canada would be at the AIIB table, and would have a seat, would have a voice, and the ability as well to work with other shareholders.
One of the things that we find very effective about our engagement with multilateral development banks broadly is that we work very closely with our G7 and our G20 allies on individual projects in our joint assessments, in determining whether those projects will meet Canadian national interests or our international development objectives. If we are not members of the bank we don't have a voice and we don't have the opportunity to contribute to the decision-making on particular projects. It's difficult to predict projects that may be in specific competition but this is where we would need Canada's ability and the officials' ability to provide that analysis on a project-by-project basis, and to be able to influence decision-making at the table.