Foreign Affairs committee  Yes, I am. I apologize profusely for the technical issues. I want to second what the gentleman just said. I think that a DFI is not another aid agency, so there are limitations to what it can do. There are strengths, and it can do other things that a traditional aid agency cann

Foreign Affairs committee  I'll come to Ottawa.

Foreign Affairs committee  Thank you. It's certainly an area of focus, but looking at IFC's portfolio, I can't imagine it's an enormous part of the portfolio. It's certainly gotten a lot of attention in the last 10 years. I think we need to operate with our eyes open. While it's something that should get a

Foreign Affairs committee  Unless the shareholders of the Canadian DFI push the DFI to go into more difficult places, the temptation will always be to do telecoms deals in Brazil. It's easier to do. If you're the investment officer, one of the things is how you're graded. How do you get promoted? You get p

Foreign Affairs committee  Yes.

Foreign Affairs committee  Someone has to translate that.

Foreign Affairs committee  Maybe not.

Foreign Affairs committee  Yes, I'll wrap it up. I have a couple of further points. Give me two more minutes. Within the $300 million that's being budgeted for the new DFI, I think there ought to be some consideration for so-called first loss. I also think that this committee is going to need to think abo

Foreign Affairs committee  No problem.

Foreign Affairs committee  I'm sorry I'm not in Ottawa. I love going to Ottawa. I go about twice a year. I go for the sugar pie and the maple syrup, so I'm sorry I'm not there with you in person, but I'm in Rome instead. It really is an honour to be with the distinguished members of this committee. Thank