Thank you very much, Mr. Chair.
To our witnesses, thanks for being here today.
Mr. Quigley, I'll start with you. My thought process is that we look at a DFI as just another tool in the tool kit in terms of what we can do. We do great things when it comes to humanitarian and disaster relief, vaccinations, all those kinds of things. My personal thought, though, has always been that if we don't create economic activity, if we don't create jobs or find a way for some of the things we do to be sustainable and work as part of that stuff.... That's one of the spokes in the wheel, if you will, in trying to make sure that everything happens. We can educate people, get them healthy, but if they don't have work at the end of the day we still have a vicious cycle that continues. That's why I like a DFI, for the potential that I think it can create.
You talked about acting as a catalyst for private capital. Would you talk about that a bit more? I know we've had some people say that $50 million or $60 million a year is not enough, that we may need to float bonds or do other things. I like the idea of being a catalyst for private capital. Can you give us your thoughts on what you mean by that and expand on it?