Foreign Affairs committee  Would you like me to respond now or go through all the questions?

Foreign Affairs committee  I think the important thing here is, first off, to align the financing terms we're providing with a likely horizon for financial returns from any project. As I mentioned, issuing debt right now at very long tenors would allow us to provide financing in a way that is consistent wi

Foreign Affairs committee  The numbers imply that we're not. The share of Canadian foreign direct investment in some of the strongest centres of growth in the world, in Asia, Latin America, and Africa is in 10ths of percentage points compared with the vast majority of our foreign direct investment that is

Foreign Affairs committee  I would say, as a precursor, there is nothing wrong with financing the fifth cellphone provider or the 12th luxury hotel. To drive business, capital cities need good places for people to stay. They need good cellphone networks. The point I'm making is not so much about the natu

Foreign Affairs committee  I see in the Canadian discussion of a DFI, in some ways, too much focus on how much money is being provided for initial capitalization. In some ways, that number could be almost any number. What is important is how much is provided in an annual lending portfolio. I'd like us to

Foreign Affairs committee  If I may, I'll recapitulate a few of my initial points so that they can be interpreted for everyone in the room. First, I want to emphasize that a Canadian development finance institution needs to be additional to existing official development assistance. It needs to add to the

Foreign Affairs committee  Thank you very much for the kind introduction. My thanks, as well, go to the honourable members for the opportunity to speak with you about the proposal for a Canadian development finance institution. I am very pleased to have this conversation with you today. It is I think a