I have two quick ones.
A quick statement: the figures regarding the amount that goes out in grants, the amount that goes out on loans and the amount that comes back, and the repayable part would be helpful for the discussion.
And I want to give you the one opportunity. As you know, there are several think tanks out there that think these economic agencies should be a thing of the past. And you constantly hear the criticism of “these agencies pick winners and losers”. I know the success of ACOA. I won't speak for Western Economic Diversification Canada or FedDev. I've worked with ACOA over the years, and I know the successes you've had.
I know when there are headlines in the paper, you folks don't get a chance to react like that. So I want to give you the chance now, Peter, to state why ACOA is important, where you see the future of your agency, and basically to say that Canadian taxpayers do get value for the agencies such as ACOA.