I want to clarify because we have to deal with what's in the bill. That's our responsibility and yours—which you accomplish very well—to explain the reasoning behind it. On page 572 it says:
4 Subject to the regulations, for the purpose of supporting a federal program that promotes international assistance through the use of innovative financing, the competent minister may, directly or indirectly,
(a) guarantee, in whole or in part, any obligation undertaken by a person or entity;
My reading of this law is that we are giving the ability to the minister to guarantee in whole an obligation undertaken by the private sector. That may not be the intent, but that's the power we are giving to the minister.
Would you agree with me?
