Madam Chair, I thank my parliamentary secretary for giving me a chance to clarify an answer I gave my colleague from Essex earlier. There was a challenge there with respect to our two official languages, so to avoid confusion, I will say this:
DFI will complement other forms of assistance by leveraging additional private sector resources and expertise to support international development goals. The Canadian DFI financial support will be additional and complementary to Canada's ODA. As such it would not be subject to the ODA Accountability Act. The DFI will be established as a wholly owned subsidiary of EDC—