International Trade committee  Very quickly, we're learning about this space. We are doing transactions. It's higher risk, but we measure the results, and we intend to grow our support in that business and continue to work with BDC. Software as a service is a great example of how to structure transactions. I

International Trade committee  It's two different mandates, but for sure there's going to be collaboration. How can we help each other, and what are our respective mandates?

International Trade committee  Thank you for your question. I would like to talk briefly about two things we do. First, we support supply chains. By offering our services to major integrators, we make sure to include the smallest companies in their supply chain, whether in Canada or abroad. Secondly, we have

International Trade committee  Very quickly, there are multiple points to reach out to, but I think you have a fantastic idea. It's something I'll consider as part of our outreach strategy, because I'm not sure we are that well structured regarding that specific audience.

International Trade committee  If you look at our CSR practices—and also it is a legal requirement—if we are aware of a situation that involves corruption or bribery, we have to raise it to the competent authorities. It's part of our processes.

International Trade committee  Yes.

International Trade committee  We're self-sustaining. Obviously, we run the operation; it does cost money. On the other side, we are making money through the offering of our services. Our profit last year was approximately $1 billion, of which we repaid $986 million in dividends to the government. That enables

International Trade committee  Trade diversification is at the heart of what we do. It's a very important goal for us. Of course, you can go to the U.S., but to your point, there are a lot of trade agreements. The way we're going to promote trade agreements is twofold. Number one, in Canada, through what we

International Trade committee  There are a few things here that I would like to bring to the attention of the members. First, we take CSR risk very seriously. We have a very strong track record. This being said, we're not perfect, and we are in what I call continuous improvement mode. We have been for many yea

International Trade committee  The only thing I would add is that a big part of the competitiveness in Canada is based on the level of the currency. If you look at our forecast for 2017 and 2018, you see growth at 3.5% in 2017 and 3.8% in 2018. The actual drivers behind that growth include, of course, the stre

Finance committee  From an export perspective, I will say that the theme of export infrastructure is very important whether we are talking about ports or otherwise. Everything that can help move goods and people is very important, and you need to make it easy to do so.

Finance committee  The way we fund ourselves is through capital markets and through bank lines. We run a U.S. dollar business and we issue bonds. Based on our financial plan, we would issue approximately the equivalent of $4 billion's or $5 billion's worth of bonds in the international markets.

Finance committee  Like BDC, we essentially run self-sustaining operations. Essentially, our clients pay market rates for our insurance and all our financing and equity investments we are making. And that's very important, from our perspective, because otherwise we would not be compliant with WTO r

Finance committee  Thank you, Mr. Champagne, for your question. The current environment is one where growth is slow and technologies significantly change the situation. The traditional business model—take Canadian company Nortel, for example, which has a local supply chain, produces locally and ex

Finance committee  The model under consideration looks at establishing an independent affiliate that would manage the financial institution for development. But if you have other questions, we can also provide you with more information about it.