Okay.
Our recommendations are one thing, but there is another problem. Unfortunately, the Standing Committee on Finance will be overburdened, as I saw when I was sitting on that committee. This makes the process terribly cumbersome, as well as questionable in terms of validity.
When it comes to amendments to the Business Development Bank of Canada Act, we could easily agree with certain aspects and potentially vote with the government. However, that will not be impossible, as any positive aspects are buried in the omnibus bill.
I will talk about the proposed amendments. I must admit that expanding the mandate related to the funding the BDC provides to support projects outside Canada has some merit. On the other hand, I am wondering whether this might not divert BDC funds that could otherwise be used for the Canadian domestic market.
I think Mr. Hodgson brought up the 2008 crisis. Although the BDC is definitely not at the level of major chartered banks, its counter-cyclical intervention to support economic activity is very significant.
Do you think this amendment could decrease the BDC's capacity to respond? Could it divert part of the BDC's funding to foreign markets?