Yes, I'll wrap it up. I have a couple of further points. Give me two more minutes.
Within the $300 million that's being budgeted for the new DFI, I think there ought to be some consideration for so-called first loss. I also think that this committee is going to need to think about the fact that not every investment the new DFI makes is going to be successful. This committee needs to be prepared for the situation that not every one of the things they're going to come to you with is going to be a home run. That's something else the committee is going to need to think about.
Finally, I want to just reference the fact that the current ownership structure, whereby in essence it's a subsidiary of the EDC, is perhaps not going to be the best structural arrangement for the new DFI. I would posit that perhaps a new crown corporation, with a stakeholder board including Global Affairs Canada, the finance ministry, business representatives from Canada, as well of course as EDC, might be a more appropriate arrangement. I want to consider that as well.
I have one final point. There ought to be some sort of stand-alone office, most likely housed at Global Affairs Canada, to support the new DFI with small amounts of technical assistance. Having a single one-stop shop for technical assistance for the new DFI would be very important, and I think the appropriate place would be in a separate institution such as Global Affairs Canada.
Let me just stop there. Thank you.