Thank you very much, Mr. Chair.
It's such a pleasure to have our guests with us today. I've had the great pleasure of working with all of your organizations in my previous life, so this is wonderful. I have way too many questions to ask you for six minutes, so I may call you and ask some questions later on.
To start with, I want to talk to Mr. Hagerman.
Paul, you talked a little about the gold standard being at 0.7%. I want to make it very clear that I don't actually consider that to be the gold standard. There are many countries around the world that have ODA at 1%. The 0.7% is actually what we committed to do. As you mentioned, we have gotten nowhere near that, and it is shrinking.
One thing that I think is also important when we talk about the level of ODA is where that ODA goes. I think it's so vital that it is used to support Canadian CSOs, for a number of reasons. One is that it actually engages Canadians.
The Canadian Foodgrains Bank works a lot in Alberta, in my province. Perhaps you could talk about the value of investing in Canadian CSOs, as opposed to international multilaterals.