Thank you, Mr. Chair.
Thank you, Dr. O'Neill, for being here today.
You mentioned the importance of diaspora remittances. Both Canada and the United States have very significant diaspora populations from virtually every country in the world. Can you tell us a little bit about how your organization has worked with diaspora business entrepreneurs from the United States to try to make investments in those home countries? How do you motivate them? I commend you for the project with the school fees in the Philippines. A lot of the people who live in my city come from the Philippines and they work very hard to send that money back, and it's to go for circumstances like that, to support families back home. It's terrific that you're helping to make those flows go directly to the schools and other institutions that support their families.
I also note that you're working with Scotiabank in Haiti, and perhaps other places. These electronic payment mechanisms I think could be helpful in facilitating those remittances at a lower cost than the current costs of remitting funds to many of these countries through other third-party organizations.
Perhaps you could comment on the whole diaspora business situation.