Finance committee  That's the best way I can explain that.

Finance committee  Not in the realm of my responsibility for the international financial system payments the Department of Finance makes, no. This is unique.

Finance committee  I can try to explain that to you.

Finance committee  If I may, I will answer the question in English because it really is a technical matter.

Finance committee  The transfer payments to the International Development Association, part of the Bretton Woods system, that's a legislatively based payment.

Finance committee  Well, for this fiscal year, it is a total of $441.61 million, and that goes to the World Bank to support its concessional window development funding programs.

Finance committee  Because it's legislatively based, it doesn't need to be voted on through the full appropriations, but there does need to be appropriation authority to make that legislative payment. As I understand the technical aspects of this estimates accounting mechanism, that is why there is

Finance committee  I do not have a comparison for the G7 and G20. They are, obviously, different entities. However, the Finance track costs in 2010 are somewhat smaller amounts than what was spent in 2010 for the G7 portion of our presidency. That was the last year we held the presidency.

Finance committee  Those payment schedules will be made near the end of successive fiscal years as we are planning to issue our first installment this March. We will do this in subsequent Marches.

Finance committee  We will make our first formal contribution, yes, and then successive years around this time of the year.

Finance committee  The payment will be the number you had. It will be $53.4 million Canadian.

Finance committee  That is for this year.

Finance committee  It will be on an annual basis, and it will be a comparable amount subject to fluctuations in exchange rates. This is the Canadian dollar. Canada's equity investment into the Asian Infrastructure Investment Bank is $199 million U.S., which at current exchange rates is roughly $256

Finance committee  For the Finance ministry, this is not significantly more. This is consistent with our experience in the past and what we've spent and these are “up to” figures. We will endeavour to deliver below these levels.

Finance committee  Mr. Chair, I'll respond to that question. The answer to your question is, partially, yes. There will be a need for resources in the next fiscal year as well, and that resource request was included as part of the main estimates that were recently tabled. Preparation for a summi