Public Accounts Committee on Oct. 31st, 2018

[Paul Rochon]

Is that in volume one?

[Chandra Arya, Liberal, Nepean, ON]

Yes, it's in volume one. It is $2.8 billion.

[The Chair, Conservative, Kevin Sorenson]

What page is that?

[Chandra Arya, Liberal, Nepean, ON]

It's in table 11.4, on page 350 of volume one.

What is this transfer?

[Paul Rochon]

These are the total of the transfers to the World Bank and the African Development Bank for international assistance.

[Chandra Arya, Liberal, Nepean, ON]

I thought they were different. That's under finance—

[Paul Rochon]

Sorry, there's a few other things in there, but primarily that's what they relate to.

[Chandra Arya, Liberal, Nepean, ON]

I thought the African Development Bank and the International Development Association are all covered under finance. That is $2.28 billion.

[Paul Rochon]

That is correct.

[Chandra Arya, Liberal, Nepean, ON]

Is this $2.8 billion part of that?

[Paul Rochon]

The $2.8 billion is part of that because the Minister of Finance is the governor for the World Bank.

[Chandra Arya, Liberal, Nepean, ON]

Okay. Is the international humanitarian assistance of $468 million distinct from that?

[Paul Rochon]

I'm sorry, I was referring to Global Affairs, as my colleague Brad Recker is pointing out.

Pardon me, you're asking, what is the $2.2 billion from the department?

[Chandra Arya, Liberal, Nepean, ON]

No, what is the $2.8 billion?

[Paul Rochon]

Is that money from Global Affairs to the World Bank?

[Bradley Recker, Director General, Fiscal Policy, Department of Finance]

That would be the entirety, I believe, of the transfer payments related to international development.

[Paul Rochon]

And we have finance numbers, too.

[The Chair, Conservative, Kevin Sorenson]

His answer, though, is that this is the allotment to the World Bank, and it would be an international development line item.

Am I correct on that?

[Paul Rochon]

That's correct. Under finance, you have the International Development Association for multilateral debt relief. Those are amounts that are paid to the World Bank, as well as the African Development Fund, so the African Development Bank.

[Chandra Arya, Liberal, Nepean, ON]

Just for me to understand clearly, this $2.8 billion includes the $2.2 billion in the line above?

[Paul Rochon]

I see your question. No, that is a different line.

[Chandra Arya, Liberal, Nepean, ON]

Then that $2.2 billion goes to the International Development Association, including the African Development Bank?

[Paul Rochon]

That's correct.

[Chandra Arya, Liberal, Nepean, ON]

For me, this international development under Global Affairs is a distinct item of $2.8 billion.

[Paul Rochon]

Correct.