Thank you, Chair, for this opportunity. Thank you, witnesses, for coming.
Mr. Moloney, you said that CIDA would do its part. It seems to me that CIDA is being asked to bear more than its share. I was just looking at page 164 of the budget and it says there are savings measures of about $17.5 billion, of which $4.5 billion will come out of international assistance. Based upon your budget of about $4 billion, give or take, that's a pretty serious amount of money to lose over the next number of years and not be able to spend on international assistance. It seems disproportionate to any other contribution by any other department or agency. National Defence is contributing $2.5 billion on a budget of roughly $100 billion over the same period of time. Containing administrative costs is $6.8 billion, and I don't even know what that would be. That would probably be well over hundreds of millions of dollars.
Mr. Moloney, this is an enormous amount of money that you are walking away from, of which you, CIDA, are contributing about two-thirds. My first question to you is, can you tell me how that will be portioned between your agency, CIDA, and the other departments? Who else will be asked to share in this “burden” of reducing the $4.5 billion?